Quote from: Doms on June 22, 2017, 06:39:06 AM

Quote from: gracia0023 on June 22, 2017, 06:18:00 AM

Quote from: deisik on June 09, 2016, 10:05:27 AM

The total majority of Bitcoin holders think of their favorite toy as the next step in the evolution of money (less so for active users). I don't deny the technological innovation in respect to the blockchain and the decentralized nature of how new money is created through mining. With that said, I still don't think that Bitcoin did actually revolutionize the concept of money itself. Gold as money existed long before fiat, and it was "created" in a decentralized way too, so nothing particularly new here as well...

I have an idea what could be an entirely new form of money (actually, it is not my idea), but first I would like to hear from you, guys (and gals), what you think about the truly new money that is yet to be invented or implemented

I guess the next generation of money is technology oriented type of currencies. Some country nowadays accepted this idea and use bitcoin as a valid currency. This will open to the possibility of one world currency and the value of money around the world will be equal. It will only happen if all people around the world know how to engage online transaction.

But what kind of technology would bring upon this new kind of currency? Remember that the greenback was a breakthrough when it was introduced so many years ago, because of its special features that paved the way for exchanging goods more conveniently . Are we going to see currency that can be stored or implanted inside the human body? As they say, necessity is the mother of all inventions, so depending on what technology available at a certain, the development of currency or money would follow suit.

What do you mean by greenback here?

If you refer to the US dollar (which is what people typically mean by the greenback), then what period of the US history do you mean? In a narrow sense, greenbacks were the US dollars issued during the American Civil War by the Unionists (the money of the Confederates was called graybacks, for the color, obviously). But these were nothing out of the ordinary, they were not backed up by gold. So what special features are you talking about?