1993-07-29 - Paranoia and the Outlawing of Cash

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From: Eric Blossom <eb@srlr14.sr.hp.com>
To: jersmit@eis.calstate.edu
Message Hash: 6c82ce435df30292b6e90d14d4d590fc1cfbdec335877cd378965b8acb73bf1e
Message ID: <9307291853.AA23348@srlr14.sr.hp.com>
Reply To: <Pine.3.07.9307290210.A19548-b100000@eis.calstate.edu>
UTC Datetime: 1993-07-29 18:57:13 UTC
Raw Date: Thu, 29 Jul 93 11:57:13 PDT

Raw message

From: Eric Blossom <eb@srlr14.sr.hp.com>
Date: Thu, 29 Jul 93 11:57:13 PDT
To: jersmit@eis.calstate.edu
Subject: Paranoia and the Outlawing of Cash
In-Reply-To: <Pine.3.07.9307290210.A19548-b100000@eis.calstate.edu>
Message-ID: <9307291853.AA23348@srlr14.sr.hp.com>
MIME-Version: 1.0
Content-Type: text/plain

Jeremy R. Smith writes:

>	I too have noticed a growing trend in the use of electronic money
> for a wide range of transactions.  For example. I have an ATM card that
> was issued on my checking account.  With it, I can make purchases at any
> place displaying the Interlink symbol.  This includes gas stations, fast
> food places, and a lot of common stores such as the Good Guys, Circuit
> City, etc.
> 	Personally, I find this way of doing business a lot more
> conveinent than carrying cash money.  No large demoninations to worry

Can you say "dossier society".  Hope you don't buy cigarettes or
booze, or you may find that you can't purchase health insurance.

The problem is that *you* are tied to the card.  Please note that
debit and credit cards were designed primarily from the point of view
of the vendors and merchants.  Not the consumers.

Eric Blossom