Physical Money and Virtual Money

Virtual things (objects) exist in the conceptual world just like physical things (objects) exist in the natural world.  When real things are modeled in the virtual world their properties are extracted to the conceptual level but equal to its properties in the physical world and applied to its virtual thing.  Relationships among virtual things are also extracted and modeled in the virtual world.  This is called a virtual model of a real thing. 

Once real things are modeled exactly in the virtual world they can be managed exactly like the real objects with results equal to managing the real objects or they and their relationships to other objects can be manipulated to any degree of connection to their physical object association relationships.  Actions between virtual objects may also be manipulated to any degree not possible in the physical world.

Virtual reality opens a world of new doors to conceptual management of real things as well as increased management of purely conceptual things.

For example:  What if all the money in the USA today was paper money (this is all "what if" so coins are not considered).  Money we call US Dollars.  US Dollars that we acquire and spend as legal tender.  Denominations on a single piece of paper in the amounts of 5, 10, 20, 50 and 100 make it easier to carry around.  Ahh....but: That is a leap into the virtual world of a single piece of paper having a variable virtual value!  To develop the example, let's set it up so things in the physical world relate as directly as possible to their existence as modeled virtual things.

In this example of modeling the physical dollar to the virtual dollar, all dollars have the value of One Dollar.  Makes it simple.  All the dollars we acquire and spend are One Dollar Bills.  The number One would not even have to be on the dollar.  That is the only kind of dollar.  One is a virtual concept that is not necessary.  The dollar is simply a single piece of paper that cannot be duplicated (legally or actually) with a serial number on it that makes it unique among all the dollars in the world.  Since it cannot be duplicated, there is no other dollar in the world with the same serial number.

To be continued when I have time..........but if you read any of my prior stuff then you know where this is going.........