[79481] in Cypherpunks
Re: digital cc transactions, digital checks vs real digital cash
daemon@ATHENA.MIT.EDU (Bill Frantz)
Sat May 3 03:52:18 1997
In-Reply-To: <v0302091baf8fb7a1ebb2@[139.167.130.247]>
Date: Sat, 3 May 1997 00:10:18 -0700
To: cypherpunks@toad.com
From: Bill Frantz <frantz@netcom.com>
Reply-To: Bill Frantz <frantz@netcom.com>
At 10:07 AM -0700 5/2/97, Robert Hettinga wrote:
>Yup. But the neat thing about them is they take pennies to clear, instead
>of quarters for paper checks. The other thing is, they're peer-to-peer.
>Credit cards aren't, remember? When was the last time you sold a car or
>house and took MasterCard in payment. :-).
Carlsen Subaru in Palo Alto has signs in their sales offices notifying
people that their agreement with their bank prevents them from taking
credit cards in payment for cars.
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