Commodity derivatives: the new currencies

E-gold, which I thought would save the world, turned out to be something of a bust, with essentially zero use in real internet commerce, but “unenumerated reports” that we are seeing the financial markets going into commodity based fractional reserve monies in a big way, many trillions of dollars.   Still, you cannot pay for your we hosting or cell phone minutes with commodity based monies.  These moneys are for big deals, and only big deals.  The revolution begins when you can send commodity based money over end to end encrypted instant messaging, and the money is good to pay for your web hosting and your prepaid cell phone minutes.

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