Wednesday, April 27, 2011

On line retails sales

They run about 20% of total sales. This is retail. Wholesale purchases vs person-to-person sales are likely very much higher.

Is this digital money?
It uses much of the same encryption and security technologies as Bitcom. It is still denominated in dollars, but many of those wholesale dollars never get converted from retail income, it is digital in and digital out for the middleman.

E Bay sales are all on line, digital. How much of E Bay sales today stay in digital form, staying in digital accounts as more E Bay goods are bought and sold along a path?

Consider the MIT billion prices project. What really does is measure? Inventory levels via digital inventory systems. When a bot measure inventory levels over a network, then makes a purchase; where exactly are the dollar units carried? The dollars cancel, the bot is really adjusting inventory ratios across space and time over a finite network.

When I run my entropy encoder over a price list, denominated in dollars, what am I looking for? Real goods inventory levels, I am canceling out the units called dollars.

My speculation here is that we may be changing currency technology and not really know it yet, the information hidden in the bot search engines.

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