THE FUTURE OF MONEY Bernard A. Lietaer - library.uniteddiversity ...

2001: Standardisation of barter contracts by some corporations.
2002: Internet commerce among businesses alone reaches $300
billion."
2003: Several private corporate scrips compete to establish their
brands in cyberspace.
2005: In the US 1.6 million businesses engage in barter transactions
totalling $31 billion.
2006: A 'chaordic' alliance among international corporations uses a
standardised Global Reference Currency called the Terra, which
includes a demurrage feature.
2007: 20% of all US retail trade has been displaced towards the Net,
other cyber- active countries are following the same trend (similar to
but much faster man the post-war spread of US-style supermarkets
and mall distribution systems around the world).
2015: Global Reference Currency becomes an optional legal
accounting standard for multinational corporations.
2020: The cyber economy has become the largest economy in the
world, private business scrip (including Terra) is involved in 50% of
all international trade.
2 Three multinational currencies
After the euro replaced the national currencies in eleven European
countries in 1999, the British and other European holdouts joined the
system a few years later. This built up an irresistible pressure to
create an Asian Yuan Currency zone, and finally a NAFTA dollar. It
has indeed become obvious that regional economic integration can