2006-10-21 16:54:36 · 14 answers · asked by Anonymous in Politics & Government ➔ Government
Nothing, because that's where we're heading. Money will be all electronic...hence the term currency. We'll all get a chip installed somewhere in our body...the chip will monitor our vitals and give doctors solid evidence about our bodies rather than us giving symptoms...and it will be used to locate children in case of kidnapping.
2006-10-21 17:01:39 · answer #1 · answered by drewnlia 2 · 0⤊ 0⤋
The future of electronic virtual money would be a reality. Of course it already is, for the most part.
The paper has no value; it just helps us conduct untraceable transactions.
So, my answer is, thievery would happen on fewer occasions, but in bigger chunks (ie no more petty thieves in pawnshops; but perhaps more big time hacker heists across accounts and nations) and every transaction we made would be a traceable thing - definitely less privacy, perhaps also more piracy.
What would also happen is further division between rich and poor. Those with credit and bank accounts could still negotiate. Those in very powerful positions - such as international corporations and governments- could afford technologies giving them enhanced anonymity.
Those without it would be forced to trade good for good in a barter system. A discriminatory situation, surely, which would further push backward our under served neighborhoods and constituencies.
What we'd also have more of is Internet security technologies to protect and trace virtual cash movement and irregularities which could arise and indicate trouble. Already a booming entrepreneurial area - which would then get a lot bigger. Invest now...
2006-10-22 00:07:13 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Do you have any Idea Why fort Knox holds gold reserves?, that's what backs the buck, the gold IS why the paper has value,
I guess I would be out with my guns getting food and water, waiting to see If Id survive the nuclear fallout
2006-10-22 00:14:31 · answer #3 · answered by supervfive 4 · 0⤊ 0⤋
If the government took paper way, I'd go into dollar bill withdrawal, and attempt to pay for everything with Monopoly money.
2006-10-22 00:02:14 · answer #4 · answered by Lunarsight 5 · 1⤊ 0⤋
I don't think it would be a problem - it's all about numbers anyway, not the actual value of the piece of paper. I hardly ever use paper money anyway.
2006-10-21 23:58:28 · answer #5 · answered by LIl One 2 · 0⤊ 1⤋
Since it has no value, send your paper money to me.
2006-10-21 23:56:50 · answer #6 · answered by notyou311 7 · 3⤊ 0⤋
Unfortuneately they may eventually and this is one of my personal greatest fears, I fear them taking the money away and forcing us to get chips implanted inside of us instead, which, I believe to be the mark of the beast. They're already doing it to animals, maybe there's a reason why God called it the mark of the beast, maybe he knew they'd do it to beasts 1st.
2006-10-22 00:00:12 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Barter for gold, and start building a reserve.
2006-10-21 23:59:40 · answer #8 · answered by timm1776 5 · 0⤊ 0⤋
You confuse "real value" with "inherent value".
2006-10-21 23:57:48 · answer #9 · answered by ductapian 2 · 0⤊ 0⤋
you obviously have never studied economics
2006-10-21 23:57:57 · answer #10 · answered by Anonymous · 1⤊ 0⤋