I see a future where Homes are bought for 0.000?
? BTC, New Cars are bought for 0.000?
? LTC, McDonald's takes FST, and your local Starbucks coffee is 0.008 JKC. Add a zero to the market cap column of all the coins by the end of Q1 2014 and add another one by Q4. Many different coins will stabilize the prices of all and prevent a monopoly or overvaluation of any one coin. Competition is GOOD.
I see new Smart phone Apps coming out with multi crypto wallets making purchases fast and easy. Imagine pulling up to a drive thru, place your order, Choose what coin you want to use, Snap a picture of the Restaurant's corresponding coin wallet address at the order screen, enter in a short order number given by the restaurant in the message box (Coins with this option are going to be winners), send it, and by the time you pull up to the window the payment has been made. It's the fastest payment system on the planet, probably start seeing this in 2016.
Governments should issue their own version to pay for infrastructure contracts ONLY, backed by the ability to buy small parcels of State and former federal land at auction. Exchanges like cryptsy will allow you to trade coins as needed in seconds and keep government coin issues in check as they will see real time devaluation if they get out of control. Everyone will have to produce something in order to earn or mine this new type of currency. No more Quantitative Easing, Printing Fiat out of nothing. Crypto's are taking the power of currency creation away from parasite banks and eliminating Fractional Reserve Banking or what I call MassCounterfeiting.
NEVER BORROW CRYPTO'S AT INTEREST. We must learn about the social destruction caused by Usury. If your unfamiliar with this concept, read the Sumerian Swindle.
Never accept a physical Crypto currency as there is now way to authenticate it without sending it through the blockchain, you don't know how many were produced with the same numbers on it, Just as you should never buy SLV or accept a metal backed debit card in lue of real metal because you don't know how much metal the issuer has in their vault. Gold Silver and Bitcoin in their NATURAL forms eliminate the counter-party risk that has destroyed our current system.
This is a currency revolution if we can keep the internet free. If not, we may have to switch to Anoncoin using Tor on the Darkweb. Point is, THEY CAN'T STOP US
