On Mon, Jan 24, 2011 at 8:16 AM, Douglas Rushkoff <[email protected]> wrote:
I understand the US aspects pretty well. The people making the transaction need a dollar equivalent to be able to report to the IRS. Superfluid created a process through which people could negotiate that value after the transaction (the seller wants it smaller, the buyer wants it bigger). Currencies that have dollar equivalencies (Berkshares, etc.) don't have to bother with this.
Superfluid sounds like a really great way for people to jump in headfirst with support from Superfluid for the accounting they'd need to do. It turns out that bitcoin does have dollar equivalencies. For instance, you can buy bit coins with US dollars here: https://www.bitcoinmarket.com/ and here https://mtgox.com/ or withdraw to a credit card here: https://www.bitcoin2cc.com/ ***CAVEAT: I've never used any of the above services, so this is not a recommendation for them, just services I've found. *** As a programmer, it seems to me that it would be possible to form the bitcoin codebase and change it in a way that would allow for using more than one currency in the bitcoin system. -- -- Sam Rose Future Forward Institute and Forward Foundation Tel:+1(517) 639-1552 Cel: +1-(517)-974-6451 skype: samuelrose email: [email protected] http://forwardfound.org http://futureforwardinstitute.org http://hollymeadcapital.com http://p2pfoundation.net http://socialmediaclassroom.com "The universe is not required to be in perfect harmony with human ambition." - Carl Sagan