It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: tadaman
So ZONE A dollars would be interchangeable with ZONE B dollars, but both would have their own internal value set on a global market against the rest of the different dollars of each of the other zones. Imagine if there was such a thing as American dollars for the rest of the world but in the US we used state dollars for internal debt settlement. A NY dollar would be worth more or less than a California dollar, but all would be interchangeable internationally as American dollars whos value was calculated based on the net value of all 50 state dollars.
Imagine a singular currency with different values to sub sets denoting economic areas of influence where it was coined. The currency exchange would prosper since it would allow the conversion of one zone's dollars into another zones allowing the exchange of wealth from zone to zone to happen unhindered. You could set the amount of each individual zones currency in circulation according to population initially.
originally posted by: ketsuko
a reply to: tadaman
I think it will be cashless. They're already getting us ready to accept chips in our cards and pondering cashless societies in places like some of the Scandinavian countries and Israel.
Earlier this year, an office building in Stockholm, Sweden began implanting its workers with microchips for the purpose of identification, to allow staff members to interact with smartphones, open doors, gain access to specific locations, and operate equipment. In doing a report for BBC on the Epicenter building which houses offices for Google and Microsoft, Rory Cellan-Jones volunteered to be microchipped and had a chip embedded in his hand.
In 2004, another BBC reporter, Simon Morton, was embedded with a microchip while working on a report about a Barcelona nightclub that uses microchips for VIP admittance and accepting payment for drinks.