The New Currency: As the world moves more and more to online there are a few things that I have noticed. First, the new currency. No, I am not talking about PayPal (but will later), I am talking about eBay Positive Feedback. We currently enjoy a fairly high (~30) positive feedback, with no neutral or negative feedback. That's certainly not as high as the professional eBayers, but a lot better than most of the people that we trade with. The feedback is significant because it allows you to know the type of person that you are dealing with. This is especially important in purchasing. You don't want to deal with an individual who has one out of ten people sharing that they ripped them off. So you build your positive feedback buy buying things, paying quick. You build on the selling side by sending the product quickly. Pretty simple.

Then there is Paypal. What a concept. They aren't a currency at all but really a monetary pipeline, helping push money from one account to another in a somewhat safe manner. I say "somewhat" because nothing is totally safe, although I have never had a bad experience and don't know of anyone that has. But, it is really cool. I can initiate a transfer by just logging in and sending, or I can send a request for money. They take a small fee for the trouble, and sit there in their San Jose offices just smiling. At $25b in transactions I would smile too.