I had this idea of one day opening up a bank where people deposit their money but it's recorded according to how much it's worth in gold per kilo to the tenth decimal point. So if you'd deposit a hundred US dollars your account balance would be 0.0017576704 kilos. There are no fees but in return the bank gets a ten percent cut from all deposits. So if you deposited a hundred US dollars your ultimate account balance would be 0.0015875732 kilos. It's a nice way of stabilizing your savings, you know?

Seeing as how gold is worth a little under 1,800 USD per ounce at the moment, I don't think this is a particularly good idea right now.

Why isn't it a good idea? I could easily extend it to twenty decimal places if need be. Hell, eve a hundred. It's not that hard with a calculator and converter.

How many Americans do you know that are handy with a calculator? How would exchange rates work? Almost all nations have a different monetary unit, technically they could cheat the system with heavier monies. I'm on the fence. If it allows the world to utilize a universal currency, than it'd be fantastic for world economics and finance. Hm, leaves a lot to think about.

http://coinmill.com/XAU_calculator.html http://www.convertunits.com/from/ounce/to/kilo 100$ = 0.0620302oz = 0.001758526589348375kg = 0.0620302oz = 100$ You can't really cheat it. If by "cheat" you mean speculate then you can but if there is any speculation then it's the fault of the government responsible for the money and not the bank or the client of the bank. Yes, Harpy, you do suck cock. No need to keep telling us.

By cheat I mean like...say the 20 Euro bill weighs just slightly more than a Mexican 20 peso bill. Different currency could weigh more or less than others...like those tribals that use HUGE ASS stone wheels that weigh hundreds of pounds, or mountaineers that still you livestock as currency. Then again, you can't really put cattle in an ATM, so nevermind those two. And wouldn't that make pocket change worth more than bills, since its much heavier? I guess that kind of work can be left upt o the bank. Novel idea, sounds great on paper, but questions keep rising in my brain that keep me from jumping on board.

Hello, I'm Carl Sagan, and I'm here to teach you about the Metric System. What Americans usually refer to as the Metric System is actually called the SI system which stands for Système international d'unités in French. We call it... The International System of Units It is the modern form of the metric system and is generally a system of units of measurement devised around seven base units and the convenience of the number ten. It is the world's most widely used system of measurement, both in everyday commerce and in science. The International System of Units consists of a set of units together with a set of prefixes. The units are divided into two classes—base units and derived units. There are seven base units, each representing, by convention, different kinds of physical quantities. A prefix may be added to a unit to produce a multiple of the original unit. All multiples are integer powers of ten, and beyond a hundred(th) all are integer powers of a thousand. For example, kilo- denotes a multiple of a thousand and milli- denotes a multiple of a thousandth; hence there are one thousand millimetres to the metre and one thousand metres to the kilometre. The prefixes are never combined: a millionth of a metre is a micrometre not a millimillimetre. Standard prefixes for the SI units of measure In addition to the SI units, there is also a set of non-SI units accepted for use with SI, which includes some commonly used non-coherent units such as the litre.

Every day I celebrate American superiority by measuring things in feet. One day, maybe, the rest of the world will catch on. American Standard is the way of the future.

Think about it: Your currency is utterly inflation proof monetary wise. And, considering the trends, it increases substantially depending on how stupid/crooked your nation's bureaucrats are. How can you possibly lose? (To put it in perspective, the US dollar has decreased in value by at least ninety percent since 1971.) Beefcake, will you marry me? So is Ye Olde English.