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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Tuesday, June 12, 2012

Money being re-invented

There are various experiments going on right now for new form, or alternate forms of money.
There is BitCoin, also ebay like service for 'credits'.

I am seeing a rise in barter.  Barter is the death knell for fiat currencies and government, as it is the ultimate black market.  Barter makes it near impossible for governments to collect taxation, the lifeblood of operations.

I ran across such an experiment today, called Trade School.

It is very interesting where this all goes.


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