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Posted: Thu Mar 01, 2018 7:37 am
Seigniorage will be hard for governing officials to give up, do you think the computerized halfbreeds will take away our happiness? Can you give alternative to gold and silver or positivity about sending money across the world quickly with application?
Re: The Cryptocurrencies
Posted: Thu Mar 01, 2018 11:46 am
i do not understand your question well.
in case the precious metals are allowed to function as a non-malevolently regulated system, of course, many web applications could be employed to allow cheap international transfers.
or even ordinary money transfers, non-gold related, they could be also extremely cheap and even free if the financial system was not regulated with malevolent intent as it is now. the high transfer fees do not come from the cost of the web applications, but from financial market regulations.