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<p>[QUOTE=&quot;medoraman, post: 3722693, member: 26302&quot;]Btw, another aspect of the definition of money is important. The paper money you carry around in a wallet is not the US Dollar. The US Dollar is US treasury bonds, which, like bonds, bear interest. If you hold US Treasury bonds over time, their purchasing power does effectively stay the same, so it is a perfect store of value.</p><p><br /></p><p>Most people do not realize paper money is simply an interest free loan to the government, to be exchanged later by someone for the &quot;real&quot; USD, bonds.</p><p><br /></p><p>Sorry, not trying to derail your thread [USER=57463]@kaparthy[/USER]. I do appreciate free thinking envisioning what will evolve next to facilitate trade. Who would have thought 15 years ago half the world would waive a cell phone around to pay for good sand services. I never saw that coming, but to me MODE of transferring USD is more predictable and expected to have changes than the CURRENCY standard. I could see a chip in the arm to pay for things in the future, but I believe we will still be transferring USD in this country, just in different ways.[/QUOTE]</p><p><br /></p>

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