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PayPal to set up galactic currency system


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17 replies to this topic

#1    Saru

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Posted 27 June 2013 - 09:36 AM

PayPal are looking in to setting up a currency platform to cover a future interstellar economy.

The Register said:

When PayPal launched 15 years ago it billed itself as the world's first global currency. Now the company is looking to kick-start a conversation into how to become the payment platform for the solar system with PayPal Galactic.

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#2    tinysbox13

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Posted 27 June 2013 - 01:34 PM

I smell universal financial collapse. :P

Edited by tinysbox13, 27 June 2013 - 01:35 PM.


#3    Dark_Grey

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Posted 27 June 2013 - 01:57 PM

With any luck, we'll move beyond a currency based system and simply come togather collectively to achieve great things out in the universe...I'm hoping there won't be a need for paypal

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#4    27vet

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Posted 27 June 2013 - 03:55 PM

Paypal sucks, I will never use them.


#5    Sundew

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Posted 27 June 2013 - 06:26 PM

Jumping the gun a bit, aren't they? Not seeing any orbiting Holiday Inns or Starbucks yet.


#6    diablo_04

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Posted 27 June 2013 - 07:30 PM

We don't have PayPal in Macedonia, we are screwed :P

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#7    sergeantflynn

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Posted 27 June 2013 - 09:03 PM

Give the contract to Barclays Bank.....


#8    calaf

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Posted 27 June 2013 - 09:56 PM

We have the Euro, how about the Eartho? Terro?


#9    danielost

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Posted 27 June 2013 - 11:11 PM

sci-fi has already been using an universal curence.  They call it credits and usually it kept on computers istead of cash.  We are being forced that way now.

One stp closer to not being able to buy or sale without the mark.

Edited by danielost, 27 June 2013 - 11:13 PM.

I am a mormon.  If I don't use mormons believe, those my beliefs only.
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#10    stevemagegod

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Posted 28 June 2013 - 02:05 AM

Quote

There are currently no laws governing currency in space and Nayar said that the field was the "Wild West" for financiers.

That can change real quick. :innocent:  You p*** off the wrong person and boom Space is no longer the Wild West for financiers. :alien:


#11    Shush_rules

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Posted 28 June 2013 - 09:56 AM

View Postdanielost, on 27 June 2013 - 11:11 PM, said:

sci-fi has already been using an universal curence.  They call it credits and usually it kept on computers istead of cash.  We are being forced that way now.

One stp closer to not being able to buy or sale without the mark.

Soooo, basically not at all different to what we have now? Seeing as all money IS "kept on computers", such as your financial records, and you have to use a computer in order to access any sort of cash.
I don't think this is at all bringing anyone at all one step closer to the mark of the beast, assuming that is what you're referring to.
Also... seems like a weird conclusion to come to from the news that PayPal is doing stupid ****.

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#12    Mindscanner

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Posted 28 June 2013 - 12:24 PM

I am so sad in the fact that human create all the major disruption on this earth, I believe they will continue doing so in other neighboring planet, just another greedy plot to create destruction in human history after history all over again. If any of you would make it there, good luck, hopefully you won't get kicked out by the indigenous aliens!


#13    smokeycat

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Posted 28 June 2013 - 02:25 PM

Bitcoin.


#14    danielost

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Posted 28 June 2013 - 03:07 PM

View Posttinysbox13, on 27 June 2013 - 01:34 PM, said:

I smell universal financial collapse. :P

We are currently in an universal financial collapse.

I am a mormon.  If I don't use mormons believe, those my beliefs only.
I do not go to church haven't for thirty years.
There are other mormons on this site. So if I have misspoken about the beliefs. I welcome their input.
I am not perfect and never will be. I do strive to be true to myself. I do my best to stay true to the mormon faith. Thank for careing and if you don't peace be with you. http://fremerica.freeforums.net/

#15    danielost

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Posted 28 June 2013 - 03:09 PM

View PostShush_rules, on 28 June 2013 - 09:56 AM, said:



Soooo, basically not at all different to what we have now? Seeing as all money IS "kept on computers", such as your financial records, and you have to use a computer in order to access any sort of cash.
I don't think this is at all bringing anyone at all one step closer to the mark of the beast, assuming that is what you're referring to.
Also... seems like a weird conclusion to come to from the news that PayPal is doing stupid ****.

You won't be able to buy or sell without the comuter chip in your hand. Because, there won't be any cash.  Except on the black market.

I am a mormon.  If I don't use mormons believe, those my beliefs only.
I do not go to church haven't for thirty years.
There are other mormons on this site. So if I have misspoken about the beliefs. I welcome their input.
I am not perfect and never will be. I do strive to be true to myself. I do my best to stay true to the mormon faith. Thank for careing and if you don't peace be with you. http://fremerica.freeforums.net/




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