Half insightful synthesis and half tongue-in-cheek, this article suggests that virtual currency may impact the current monetary system. The conclusion is brilliant suggesting that the national debt could be paid in virtual currency.
Posts Tagged ‘WalMart’
Will Facebook Currency Intermarry with the US Dollar?
Facebook is testing a virtual currency, because it’s cool and they can do it. They are not alone, the gaming industry has been at it for a long time for people who want to be more “productive” in the game space.
There is no mention, however, whether a Facebook currency could be used as a medium of exchange in the event of hyperinflation and the crash of the US dollar. I can find nobody, writing anywhere today, that is willing to cross this proverbial line in the editorial sandbox.