:: Black Market Gold News ::

:: Saturday, November 22, 2003 ::

Time To Stop Ignoring Digital Gold Currencies.

Any subsequent "Is Gold Money?" debates had better factor in ones position on Digital Gold Currencies or appear sorely lacking in ones argument, yea or nay.

"While fiat currency units - issued by agents in charge of taxpayers - will no doubt remain in circulation as a residual medium of exchange for the poor and computer-illiterate, money for high-value transactions will be privatized. Cybermoney will no longer be denominated only in agent-fiat-units like the fiat paper currency units of the industrial period. It probably will be defined in terms of grams or ounces of gold, as finely divisible as gold itself..." - James Davidson, 1997.

It is time to completely reframe the "Is Gold Money?" debate and do so around articles like this:

"Converted into bits..., gold once again becomes a viable -- some would say vastly superior -- kind of money."


:: Black Leprecon :: goldlink ::
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The "Dear Fiat Currency Unit Speculator" Story (Part 6, The Final).

The last append - to this long story - has been made today (November 14) and can be found at the Sunday, September 21, 2003 link.

When you get to the post scroll down and look for "Part 6: Added-in on November 14, 2003...".




:: Black Leprecon :: goldlink ::
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The "Dear Fiat Currency Unit Speculator" Story (Part 5).

This is a very long story to post at one time. So, I am appending to it over time. Check back regularly. The latest append was made today (November 12) and can be found at the Sunday, September 21, 2003 link.

When you get to the post scroll down and look for "Part 5: Added-in on November 12, 2003...".




:: Black Leprecon :: goldlink ::
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