Fidelity and Vanguard take cash and invest in the yield curve. In exchange for cash, investors get crypto shares of the fund, crypto money that is redeemed as a percentage of an invested fund.
The Smart Card recognizes these digital coins, and the shokeeper must decide if he wants the price in one of the following: Interest bearing investment coins, Bitcoins, dollar debit, or dollar credit, or WalMart coupons. That is a lot of currencies! Seems complicated? No, the shopkeeper accepts the Fidelity coins because he is smart and knows the fund and knows the Fidelity coins are traded on the mareket. So, the shopkeeper sells the gallon of milk and in return gets fully invested, inheriting the interest bearing coin. Ultimately the Fidelity coins get redeemed at Fidelity for, what? Interesting question, because their greatest utility is being interest bearing crypto fiat. The only real trade is with other interest bearing crypto currencies on the market.
Crypto Coins backed equity brokers are a bit volatile, and are not going to be popular at the market. Then, who knows because the shopkeepers crypto register is itself a perfectly intelligent web bot, let it decide. Equity backed cryptos will be very popular as integral to the stock market. We can envision crypto currencies built around an index, then we have direct trades across indicies by trading coins. But the crypto currencies offer a way out of high speed trading, they are easily managed in web bots.
So, wow! That is some economy. Sounds like great fun, what comes next? The robotic delivery technology becomes valuable. Any product anywhere any time via efficient robotics. Its because the central banker bots can compute inventory stabilization in real time with the digital data.
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