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It's not as complicated as it sounds. All you need is a system other people can understand and, most importantly, trust. Here's a nightmare scenario shared by some mainstream investors, goldbugs and Ron Paul devotees : The year is 2013.
With the rapid growth of eCommerce over the last decade, online payment has become a hugely influential area.
Editor’s note : Stan Stalnaker is the founding director of Hub Culture , a social network that revolves around a virtual currency called Ven.
Late last year, after WikiLeaks began releasing its trove of State Department cables, many individuals sought to show solidarity with the group by making a donation. They found, however, that many payment processors would not remit money to WikiLeaks, some say as a result of U.S. government pressure.