Virtual currency

■ David Porter / Contributed I’m thinking about creating a virtual currency, and here’s your chance to get in on the ground floor. Like any virtual currency, it has no actual value beyond what two people transacting business agree that it has. There are no guarantees, no governmental backing and, in fact, may be illegal to use in many states. Are you in? Sure, there’s already Bitcoin out there, which at least has a digital signature and resides within some anonymous cloud-based accounting system that no one seems to be in charge of. My new currency is not so hoity-toity. Even real American dollars don’t have much to back them up.

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