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Pastimes : The New Qualcomm - write what you like thread.
QCOM 176.54+1.5%12:55 PM EST

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To: Maurice Winn who wrote (7200)9/12/2005 7:00:07 AM
From: Maurice Winn  Read Replies (1) of 12231
 
Mq, it seems that your Quid cybercurrency is going to be usurped before it is born. Skype, eBay and PayPal are lined up, having officially tied the knot. Hot off the press. Message 21695124

They have the money, the brains, the markets, the brands, the buying and selling, the synergy, the timing.

Everyone on Earth will have to have a device which enables transactions, voice and other data. That's called OFDM sitting inside a QUALCOMM ASIC in a cyberphone. CDMA will do well enough for a while. WiFi/OFDM/CDMA multimode devices will be necessary. Maybe with GSM still there for a while.

The value of a global currency is about $10 trillion but maybe as much as $30 trillion. That's quite a bit deal. The olde style centrally planned government fiat currenices are now living on borrowed time. The transition to a person to person value system owned by the people who hold the money is underway.

The idea of electorates owning the money via the politicians is out of date.

Mqurice
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