Oh, if that's the case then I'll give you a brief summary as to what they pitch.

Right now we have a system which is running on a delay. Even though you tell a computer to transfer funds, what you're actually transferring is a statement of funds which sends a digital sum of money to your end destination, but it still requires some degree of time to work through the cogs of the Banking machine.

This is by necessity, because while electronic transfers are fast, they aren't lightspeed fast. You have to group transfers at times because otherwise there would be too much room for error and redundancy.

This delay, where your actual funds are changing hands, can be long and drawn out. Compare it to working a job, where you do the work on Monday, Tuesday, Wednesday and receive no compensation, Thursday is payday, which is when you actually get compensated for your work.

That's just one cursory example to explain the theme.

The same thing happens with Banks. To make things easier, they lump some financial transfers together. That's where fraud can take place.

Someone can take the money out, gamble with it, and as long as the money is back by the time the transfer completes, you have left no paper trail and avoid suspicion.

Banks are doing this with our investments. Hedge funds running Naked Stock Shorts are one example of this scheme.

The problem arises when too many hands are pulling the same scheme on the same delayed transfer. If one messes up and can't pay out, they all go bust.

The QFS, therefore, suggests moving our binary system to a tertiary system. Instead of 0's and 1's, a Quantum system theoretically can fill in the gaps where 0's and 1's are not definite. This allows you to effectively compile systems using only the most essential 0's and 1's in the data packet, and use a Quantum system to fill in the gaps after the transfer is done being made.

If the transfer of data is immediate, and then unpacked at the end user, there is no room for fraud to take place. They can't skim funds off the money transfer to run their racket, which means they can't engage in fraud.

Or, at least, that's the theory.

What Clif High has gone into on his vod after looking at the opensource Quantum systems is that the procedure is a point-to-point function. It's not a live system. You press a button, the machine does the thing, and then it stops waiting for you to set it up again.

Compare it to a jackhammer versus dynamite. A jackhammer is a constant stream of damage against stone. Dynamite is a huge blast of damage all at once.

Our current system is like the jackhammer, whereas the QFS is like dynamite. There's no room for dynamite to allow for workers to slack off, because it's all done in an instant, but we must not forget the time it takes to set up the charges.

That's just like a Quantum system. It's all very accurate, and very effective with the expected results occurring immediately, but there is no way to set it up to run indefinitely. It's like a gun with a magazine that needs occasional periods of time to reload. That, and once a bullet is sent down range there's nothing you can do to alter the trajectory of the bullet.

The current system, in comparison, is like a stream of water. You can move the stream if something goes wrong, but you can't move the bullet once its in flight.

With that being the case, people like Clif High suggest that the system of the QFS is wishful thinking, same with the digital currency system of the Banks.

While the transfers are theoretically impervious to fraud schemes, embezzling, and laundering, they have not run the logistics on whether or not the start-stop Quantum system can even be grafted on to our current reality of money transfer.

In other words, it appears to be a pipe dream not unlike electric vehicles.

Sure, it would be nice to have everything run on a single form of energy, like electricity.

But just because it's nice doesn't mean it's possible. Electric vehicles don't work off-road, because there are no charging stations. You can't send wires out on a safari so your buggy can recharge. A portable fuel is the only option when going off grid.

That's just like the QFS. If we adopt it, cash goes bye bye because it physically CAN'T complete transfers of money instantaneously. Someone still has to go from the store to the bank and cash the money into an account.

Ultimately, that's why the QFS is a pipe dream. It doesn't take into account exceptions to the system. It makes too many assumptions, and shows the tell-tale markings of a university think-tank with no real-world experience coming up with a system that only works in their very specific experiment's constraints.

I hope that description helps at least a little bit.