Wednesday, June 3, 2009

Virtual Payment Systems

The Financial Times is reporting that Facebook will unveil soon its Facebook currency. Here is a link to the article.  Of course Facebook is not alone in creating its own currency.  Second life has used Lindens, which can be exchanged on an open market for U.S. Dollars.  There was also in 2007 the Liberty Currency featuring the Ron Paul Dollar.  In 2007 the FBI raided the Liberty Dollar Currency office and gathered as evidence all of the Gold and Silver from the Liberty Office.  

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