A system of royalty payments based on the blockchain and crypto-currencies is long overdue. #dotBlockchain could help ensure fair payments for all, and probably simplify the process to boot.
“Without oil-rich nations using the U.S. dollar to trade their product — and without the gold standard — there’s nothing keeping the dollar’s worth from crashing. And if that occurs, world markets would feel the boom with only America truly hurting since its currency would lose its worth, boosting other world powers.”