Community | November 19, 2009 | 0 comments

The Digital Coin and self-issued credit

source: http://digitalcoin.info/The_Essence_of_Money.html

sespian
A comprehensive & innovative proposal for a new system of sustainable economics. These "Digital Coins" can be transferred instantly anywhere in the networked world. This can be done anonymously, without accounting and without any third party involvement, analogous to handing someone a gold coin. You have it. Now they have it. No bookkeeping is required unless desired.

These "unique digital objects" are also analogous to gold coins in that they have inherent value. They are fully redeemable for specific real goods and services.


http://digitalcoin.info/The_Essence_of_Money.html
  1. groups:
    Community,   Iran News
  2. tags:
    Economy,  Business,  Money,  Federal Reserve,  6 more
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