[11844] in Commercialization & Privatization of the Internet
Re: Digital Cash
daemon@ATHENA.MIT.EDU (Doug Luce)
Thu Apr 21 22:04:46 1994
Date: Thu, 21 Apr 1994 19:38:29 +0400 (EDT)
From: Doug Luce <doug@telerama.lm.com>
To: "Glenn S. Tenney" <tenney@netcom.com>
Cc: com-priv@psi.com
In-Reply-To: <199404211831.LAA09581@netcom9.netcom.com>
But wait, right here, in my PNCcorp flyer for my MAC/VISA, it talks about
the virtues of "digital money ... a convenient, safe form of currency."
Sounds like digital cash to me. Certainly my bank knows what they're
talking about....
Doug
On Thu, 21 Apr 1994, Glenn S. Tenney wrote:
> 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
>
>
>
