February 2014

  • Forget Bitcoin, I like this idea better

    In the future of the "internet of the machines", there will be an essential need for an internationally accepted 'currency' or trust payment mechanism universally accepted by US Bots, Chinese Bots, Russian Bots - or continent based Bots etc. Robert Shiller has three inter-related ideas, and surprisingly they all spring forth from something that Chile did in the 1960s, when it created a quasi-currency called the UF that was designed to track inflation.