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Make no mistake: PayPal is not alone in this. They’re just out front.

> Make no mistake: PayPal is not alone in this. They’re just out front.

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There isn’t enough physical gold in existence to make it viable. When it comes down to the the everyday man you would be dealing in nano particles. Plus, it would indeed just all end up in the hands of the big world swallowing monopolies.

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There isn’t enough physical gold in existence to make it viable.

I'm not saying we all use gold itself for purchases. I'm talking about gold-backed currency.

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Gotcha. It’d have to be wouldn’t it. Wonder how those nano particles would be parsed out into denominations and how much would the price of a gram come to when measured against today’s dollar. Yikes!