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1994-05-03 - Re: Why Digital Cash is Not Being Used

Header Data

From: jim@bilbo (Jim Miller)
To: cypherpunks@toad.com
Message Hash: 67468fb7bf1f666ab5b64e260394db0ab6a38fb76b71652c00ea2e37205c2893
Message ID: <9405032137.AA03018@bilbo.suite.com>
Reply To: N/A
UTC Datetime: 1994-05-03 22:30:41 UTC
Raw Date: Tue, 3 May 94 15:30:41 PDT

Raw message

From: jim@bilbo (Jim Miller)
Date: Tue, 3 May 94 15:30:41 PDT
To: cypherpunks@toad.com
Subject: Re: Why Digital Cash is Not Being Used
Message-ID: <9405032137.AA03018@bilbo.suite.com>
MIME-Version: 1.0
Content-Type: text/plain



Michael V. Caprio Jr. asks:

> So what is the natural currency to trade in on the Internet?

Instead of charging for information, charge for time.  You lose  
control of the information you sell, but you never lose control of  
the time you sell.  People with spare time could perform services in  
exchange for Tacky Tokens.  These Tacky Token could then be exchanged  
for services performed by other people.  What kinds of services?   
Whatever people don't have time to do themselves.

Jim_Miller@suite.com

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