[11850] in Commercialization & Privatization of the Internet

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Re: Digital Cash

daemon@ATHENA.MIT.EDU (Glenn S. Tenney)
Fri Apr 22 00:37:55 1994

Date: Thu, 21 Apr 1994 19:00:06 -0800
To: Doug Luce <doug@telerama.lm.com>
From: tenney@netcom.com (Glenn S. Tenney)
Cc: com-priv@psi.com

At  7:38 PM 4/21/94 +0400, Doug Luce wrote:
>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....

cash is money, but money is NOT cash.  Your bank is correct about "digital
money", but you can't replace the word "money" with the word "cash".  Money
can be traceable, but cash can't...

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



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