monetary system
virtual money
This is the second step in setting up a virtual money system. The first step of the second step is allow exchange among the virtual currencies that can be exchanged for one US dollar (see table, courtesy Ivan Walsh). These will have, I think, to include the Facebook credit, which can be purchased at a [...]
virtual banks and their impact
Here’s the photo illustration for the blog, showing two worlds side by side. One world is the Real World. The other is cldwrld. What I’ve said is that there is a physical connection between the two which is the cable carrying the electricity. As far as I can see, the most important logical connection is [...]