“What we’ve got is a monetary system that lacks the real old-time value of gold. And it lacks the real new-time value of simple, low-cost Internet-based information exchange. We can receive an electronic copy of War and Peace online at virtually no transaction cost. But if we want to pay for it, we must pay fees to zombie banks and credit card companies (and inform the NSA of our reading habits). Digital money is the biggest innovation in currency in 6,000 years. Modern technology opens this universe up to us – exposing thousands of monetary galaxies and currency solar systems. Surely, we will find at least one planet hospitable to human commerce.”
http://www.bonnerandpartners.com/bitcoin-2-0/
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