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What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

- Daniel Lyons
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Daniel Lyons
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Money
Internet
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Fingerprint readers require special hardware, and a lot of people find them creepy and don't want to use them. Smart cards and tokens can be lost or stolen.

Fingerprint readers require special hardware, and a lot of people find them creepy and don't want to use them. Smart cards and tokens can be lost or stolen.

These days a typical netizen has dozens of online accounts. If you really want to be safe, you need to have a different password for each one, and each password needs to be incredibly complicated, with a mix of capital letters, symbols, and numbers. Who can keep all that stuff in their head?

Apple is on fire, delivering smash hits across its entire product line. It's hard to think of another company that has ever been on such a roll.

Early on, Android phones were pitched as kind of ersatz iPhones, devices that could do most of what an iPhone did - but were available on carriers other than AT&T, a relatively horrible network that was the biggest source of complaints about Apple's transformative device.

Can anyone create an enduring business on the Web, where it's easy to build new companies, and when survival depends on the whims of fickle users? The big lesson of 'Digg' may be simply this: if someone offers you a ridiculous amount of money for a company that wasn't that hard to build, don't think twice. Take the money and run.

Is any job safe? I was hoping to say 'journalist,' but researchers are already developing algorithms that can gather facts and write a news story. Which means that a few years from now, a robot could be writing this column. And who will read it? Well, there might be a lot of us hanging around with lots of free time on our hands.

'Do not track' probably won't spell doom for online advertisers. But it will put the burden on them to explain to consumers what targeted advertising is and why it's good for them. They'll have to come out of the shadows; they'll have to be honest with people. What a radical concept. I'm all for it.

I was working at 'Forbes,' and I covered big enterprise companies - IBM, Sun, and EMC - and it was kind of boring. 'Forbes' only came out every other week, so it was not the most fast-paced job in the world. It was very nice, comfortable.

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What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?

What if people could use the Internet to create a new kind of money, one that didn't involve governments and central banks and could be used anonymously, like cash?