[11850] in Commercialization & Privatization of the Internet
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