The future of money could look a little like bitcoin but work a lot like the money we use today.
A startup called eCurrency Mint, backed by eBay founder and philanthropist Pierre Omidyar, is pitching technology that would let central banks issue digital currency with attributes of bitcoin and physical cash. As with any fiat currency, the supply of eCurrency would be determined according to each country’s monetary policy.
For banks, eCurrency could help save money on cash-handling activities, reducing the need for some tasks performed by tellers and couriers.
http://www.paymentssource.com/news/technology/the-anti-bitcoina-centralized-digital-currencytakes-root-3023026-1.html
