While most people are seeking to predict the future of money, some predict a future where community-based trust and online rating reputation systems might enable us to get rid of money — at least as we know it.
While being a tremendous proof of concept, the distributed cryptocurrency Bitcoin is fundamentally flawed as an alternative money system, critics say. It is now time for truly radical monetarists to build on this technical experiment and move to the next level of the monetary revolution: a truly human-based digital monetary system.
This is part of a video series from Harding University about free market capitalism. These videos pre-date the founding of Harding University's American Studies Institute and were spear headed by University President George Benson. The best character in this film is the grifter who is selling "ism" to the unwitting masses. Check out Harding University's inflation video "Why Play Leapfrog?" http://www.youtube.com/watch?v=zKQJScVRGF8