[11870] in Commercialization & Privatization of the Internet
Re: Digital Cash
daemon@ATHENA.MIT.EDU (Bruce Fancher)
Fri Apr 22 12:44:04 1994
From: bruce@phantom.com (Bruce Fancher)
To: doug@telerama.lm.com (Doug Luce)
Date: Fri, 22 Apr 1994 00:10:44 -0400 (EDT)
Cc: tenney@netcom.com, com-priv@psi.com
In-Reply-To: <Pine.3.89.9404211922.U318-0100000@terrazzo.lm.com> from "Doug Luce" at Apr 21, 94 07:38:29 pm
I guess banks are filled with crypto-anarchists these days.
[Doug Luce] has written:
|
| 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
| >
| >
| >
|
