scott wrote:
>> Yep, we've got it in our pockets in a physical state, but it really
>> isn't real in the sense of world-wide governments.
>
> If you look on an English bank note, it says "I promise to pay the
> bearer on demand the sum of xxx pounds". It basically comes from the
> fact that in the old days you would drop off 100 pounds of gold at the
> bank and they'd give you a 100 pound "note" that entitled you to the
> gold. Then people realised it's easier to just trade these notes rather
> than actual gold.
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