From: bobi@vswr.sps.mot.com (Bob Izenberg)
Date: Wed, 6 Oct 93 09:59:13 PDT
To: trebor@foretune.co.jp (Robert J. Woodhead)
Subject: Re: Enough already!
In-Reply-To: <9310061539.AA09997@dink.foretune.co.jp>
Message-ID: <9310061655.AA18086@vswr.sps.mot.com>
MIME-Version: 1.0
Content-Type: text


Robert J. Woodhead wrote:

# This is an excellent idea.  A modest suggestion: build a email-based
# digital cash system; allot each reader a certain amount of cash
# per month

I obviously need to read up on the digital cash idea.  The messages
that I've read make the concept sound like play money...  I mean, does
the coin of the realm in my pocket become the ethereal coin in a
digital bank?  What protections are there from digital embezzlers?
Whither the FDIC?  (Why is the sky blue?  :-)  et cetera.)

If the whole subject is just a classroom exercise in economics and
authentication theory, then I'll be a little disappointed.

Bob
--
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   Bob Izenberg                                     voice phone: 512-891-8680
   Motorola RISC Software                               bobi@vswr.sps.mot.com
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