[47024] in Cypherpunks
Re: E-cash and Interest
daemon@ATHENA.MIT.EDU (Lance Cottrell)
Fri Jan 12 00:50:19 1996
Date: Thu, 11 Jan 1996 21:43:30 -0800
To: Ryan Lackey <ryan@netaxs.com>, cypherpunks@toad.com
From: loki@obscura.com (Lance Cottrell)
At 2:52 PM 1/11/96, Ryan Lackey wrote:
<SNIP>
>By integrating all of these services under Mark Twain Bank Ecash Mint, I
>would get all of the advantages of a rather pricey bank, 4-5% loss on all
>my deposits, minimal privacy protection, no FDIC protection, $2500
^^^^^
>initial deposit (not a problem for me, but it does keep many of the
>people I'd like to send money to out of the system..always a feature),
>and _tens_ of places to spend my ecash, only 4 or 5 of which that really
>sell things.
>
Where do people keep getting this number. I have an account, my initial
deposit was $36 ($11 for startup and $25 to play with).
>--
>Ryan Lackey -*- ryan@pobox.com -*- http://www.netaxs.com/people/ryan/
-Lance
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