* The role of *gold* is tangential and secondary. Any stable currency would suffice, and in fact gold bullion would be no more desirable than yen or Deutschmarks.
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.......................................................................... Timothy C. May | Crypto Anarchy: encryption, digital money, tcmay@netcom.com | anonymous networks, digital pseudonyms, zero 408-688-5409 | knowledge, reputations, information markets, W.A.S.T.E.: Aptos, CA | black markets, collapse of governments. ^^^^^^^^^^^^^^^^^^^^^^^ Cognitive dissonance. Care to explain?
I agree with Perry and Doug on this one--if not gold as backing, then perhaps virtual-world resources instead, such as information, or storage space, or CPU time. But not existing, government-backed currencies, at least in the long run. Robert