From: frantz@netcom.com (Bill Frantz)
Date: Mon, 27 Nov 1995 15:53:45 +0800
To: John Gilmore <cypherpunks@toad.com
Subject: Re: Bitbux could eliminate some domestic currencies?
Message-ID: <199511270737.XAA20225@netcom16.netcom.com>
MIME-Version: 1.0
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At 12:21 11/23/95 -0800, John Gilmore wrote:
>>From a letter in [My dog, I mean my software, ate this part of the msg -- gnu]
>...
>"The importance of e-money replacing cash is greater than possible effects
>on exchange rates. Rather, it might make certain currencies to all intents
>and purposes disappear."

Gresham's law says that the bad money drives the good money out of
circulation.  Does this mean that real cash is better than ecash ;-).

Bill