What if Google Created its own Currency?
My latest blogpost comes via @TheNextWeb, and in it I discuss how Google should create its own currency in order to complete the social eco-system by giving people around the world a means to create online transactions without depending on the banking system.
Right now if you want to buy or sell something online you have to already have access to a bank account and often times a credit card. Though this system works for those from the developed world, it doesn’t work for the hundreds of millions of people in the so-called “Third World” who have access to the internet before having access to a bank account.
What then if we could create a way to earn and spend money online without needing a bank account? What if Google made such a system a fundamental component of Google+? These are the questions I seek to address in this post.
Special Thank to @TheNextWeb for providing me the opportunity to publish on one of my favourite web publications.