From: jamiel@sybase.com (Jamie Lawrence)
Date: Mon, 2 May 94 15:16:03 PDT
To: cypherpunks@toad.com
Subject: Re: the value of money
Message-ID: <9405022119.AA06293@ralph.sybgate.sybase.com>
MIME-Version: 1.0
Content-Type: text/plain


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