Imaging if a £10 note had a memory

If a £10 note had a memory it could say where it has been, and what it has been used for. An intelligent £10 note could even decide what it can be used for and what it cannot.

It is entirely acceptable that Iceland should have its own currency and Britain should have its. But Iceland is the size of Bristol, so if size isn’t the factor maybe the factor is community?

If a community had its own currently (rather that being like Greece, hostage to the decisions of another)  then an intelligent £10 note could help the economy.

Of course you’d always have choice – you could have an intelligent £10, plus EUR, USD, GBP, etc., but the local intelligent £10 would be really useful for benefits, grants, discounts, tax community services etc.

Imagine paying people in intelligent that could only be used for food, drink, housing and not used for drugs or crime. Would that be a good thing? What if they had EUR, USD, GBP for everything else?

What if taxes raised could only be used for the purposes agreed?

Is the above is the future of Crypto currency?

By TimHJRogers
https://www.linkedin.com/in/timhjrogers/

Bitcoin and Blockchain Jersey
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