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<p>[QUOTE="HaleiwaHI, post: 3719237, member: 74415"]The future of money all boils down to this: If there is a buyer and a seller and they agree on an exchange using whatever means that exchange becomes, this is what becomes "money" for the moment. To my knowledge, there's nothing backing any currency in today's world. And silver and gold only have value because someone is willing to offer some of their non-backed currency for it and someone then accepts it. So the principle will remain the same for the Future of Money. As long as someone accepts what is offered, the transaction is complete, but it is my opinion that the Future of Money will be digital, paper & coin (or physical) currency will only be a thing on the shelves of collectors.[/QUOTE]</p><p><br /></p>
[QUOTE="HaleiwaHI, post: 3719237, member: 74415"]The future of money all boils down to this: If there is a buyer and a seller and they agree on an exchange using whatever means that exchange becomes, this is what becomes "money" for the moment. To my knowledge, there's nothing backing any currency in today's world. And silver and gold only have value because someone is willing to offer some of their non-backed currency for it and someone then accepts it. So the principle will remain the same for the Future of Money. As long as someone accepts what is offered, the transaction is complete, but it is my opinion that the Future of Money will be digital, paper & coin (or physical) currency will only be a thing on the shelves of collectors.[/QUOTE]
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