[FoRK] Re: [silk] The Demise Of The Dollar
Adam L Beberg
<beberg at mithral.com> on
Wed Jun 20 12:03:47 PDT 2007
Eugen Leitl wrote on 6/20/2007 7:22 AM:
> Is this it, or not yet?
"It" is not a point event. It's a long, ongoing process.
And yes, we're in it, but that is obvious to everyone. You're asking
when to prepare, and the answer to that is to always be prepared.
This is a better data point...
Town makes it's own currency, wildly popular for local purchase. Most
importantly (and not obvious) is that you could depeg it from the dollar
the moment the shit hits the fan, and repeg it to the Canadian dollar,
or something real. Merchants win even with the 10% "discount", since you
avoid the visa/mastercard fees.
More of this is coming, state currencies aren't far behind.
Adam L. Beberg
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