[12887] in Cypherpunks
Re: the value of money
daemon@ATHENA.MIT.EDU (Jamie Lawrence)
Mon May 2 18:21:40 1994
Date: Mon, 2 May 1994 14:23:38 -0800
To: cypherpunks@toad.com
From: jamiel@sybase.com (Jamie Lawrence)
At 1:55 PM 05/02/94 -0700, Hal wrote:
>It appears that the Magic Money/Tacky Token experiment is not succeeding
>in producing an informal digital currency. People have offered services
>in exchange for this money but have had no takers. It may be that there
>is not much demand for their services, and the lack of offers simply re-
>flects that. OTOH it could be a money-supply problem: there may not be
>enough Tacky Tokens "in circulation" to allow them to be used as money.
For us relative newcomers- whatsa Tacky Token?
>Hal
