The banks, gradually making cash uneconomic.

My 2 cents worth is, When oh When is somebody going to produce an AR/AP device that enables peers to maintain reciprocal obligations?

This is so freakin' simple, I'm baffled why it isn't happening.

Basically think of this as fixing your Quicken or Quickbooks, so that it will not post any payable or receivable or transfer of goods, etc. unless it's signed by the reciprocal party. There are dozens of different protocols and semantics for this, both proprietary and open. And code bases.

This is *not* rocket science folks...

respectfully,
Todd
here. read this. http://www.ledgerism.net/arapcloud.htm
the illiquidity of cash: http://www.ledgerism.net/nonquantified.htm