[11840] in Commercialization & Privatization of the Internet

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Re: Digital Cash

daemon@ATHENA.MIT.EDU (Glenn S. Tenney)
Thu Apr 21 20:14:35 1994

Date: Thu, 21 Apr 1994 11:31:06 -0800
To: Doug Luce <doug@telerama.lm.com>, com-priv@psi.com
From: tenney@netcom.com (Glenn S. Tenney)

At 10:04 AM 4/21/94 +0400, Doug Luce wrote:
>I regularly use "digital cash."  Last night, I purchased groceries
>by handing the teller my ATM card.  ...

This is nothing like digital cash.  There is a complete trail of exactly
WHO bought WHAT WHERE and WHEN.   If you had used cash instead, there would
be NO such trail; if you had used digital cash, then there would have been
no such trail.

Sorry, but you don't understand the term...

---
Glenn Tenney
tenney@netcom.com   Amateur radio: AA6ER
(415) 574-3420      Fax: (415) 574-0546



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