fiat currency in a banking system that is already withholding money from people already not money. But, it is they thing that is accepted everywhere. Strange world we live in?
Crypto currency will have attributes that will be deemed essential to "money" in the future.
Like, smart contracts. Imagine paying for a pizza with bitcoin, but instead of it going straight there, it gets put into escrow until pizza has been confirmed to arrive. Then the pizza maker knows they will not get there and find the person had no money. Also, the buyer has some protection about being scammed.
This bad example is far easier to see with internet orders for goods.
And, it could be automatic. Wallets of the future just handle this. And delivery verification also happens mostly automatically too.
The thing i am waiting for is physical satoshis. It will happens sometime. It is inevitable.
Maybe it will just be a coin that says 1 satoshi. Or maybe it will be a coin shaped wallet. Made of LCD glass and working off of body energy.
Gold is dead. (unless we go back to living in huts and using spears)
RE: Properties of Money