[47032] in Cypherpunks
Re: E-cash and Interest
daemon@ATHENA.MIT.EDU (Ryan Lackey)
Fri Jan 12 01:28:30 1996
From: Ryan Lackey <ryan@netaxs.com>
To: loki@obscura.com (Lance Cottrell)
Date: Fri, 12 Jan 1996 01:20:21 -0500 (EST)
Cc: cypherpunks@toad.com
In-Reply-To: <ad1b9cb404021004ea3f@[137.110.24.250]> from "Lance Cottrell" at Jan 11, 96 09:43:30 pm
In one of many possible worlds, Lance Cottrell did say:
> Where do people keep getting this number. I have an account, my initial
> deposit was $36 ($11 for startup and $25 to play with).
It's the amount required to earn interest on a World Currency Access account.
I was incorrect in assuming it was the minimum to start an account...it's
just the minimum _I_ would have it in, because I do not like savings
accounts which don't draw interest unless they're held in gold, offshore,
or both.
--
Ryan Lackey -*- ryan@pobox.com -*- http://www.netaxs.com/people/ryan/
"Calmly and impersonally, she, who would have hesitated to fire at an
animal, pulled the trigger and fired straight at the heart of a man
who had wanted to exist without the responsibility of consciousness."
-- Ayn Rand, _Atlas Shrugged_.