“Currency — the bills and coins you carry in your wallet and in your bank account — is founded on marketing, on the belief that banks and governments are trustworthy. Now, Paul Kemp-Robertson walks us through a new generation of currency, supported by that same marketing … but on behalf of a private brand. From Nike Sweat Points to bottles of Tide (which are finding an unexpected use in illegal markets), meet the non-bank future of currencies.”
Related posts:
Ukraine Goes Cyprus 2.0, To Tax Deposits Over 100,000 Hryvnia
Private Plane Pilots Face Warrantless Drug Searches
International Wire Fees going up from the new remittance transfer rule
Jeff Sessions' Days Numbered, But His Replacements Aren't Much Better
Fed Economists: Stocks Are The Cheapest They've Been In 50 Years
HSBC USA Joins Chase in Limiting International Money Transfers
More on the Rotten Republicans
Georgia sues legal rebel for posting state’s copyrighted law summaries
Digital Currency: Coming to a Store Near You
The Vanishing Entrepreneur [2011]
Is the Boston Bombing the "Moral Equivalent" of Drone Strikes?
US spy lab hopes to geotag every outdoor photo on social media
Google confirms critical Android crypto flaw used in $5,700 Bitcoin heist
Why an Arms Control Pact Has Security Experts Up in Arms
Documenting "Detainee Treatment [sic for 'Torture']"