From: Duncan Frissell <frissell@panix.com>
Date: Thu, 17 Aug 95 03:40:34 PDT
To: cypherpunks@toad.com
Subject: Re: SmartCash (NewsClip)
Message-ID: <199508171040.GAA15464@panix.com>
MIME-Version: 1.0
Content-Type: text/plain



>She also said there was a potential for the card to be
>expanded for use by those without bank accounts, who
>could credit the card in person at various locations.

Or even those who don't exist.  Sounds like real cash to me.  Note that 20%
of the population have no bank accounts.

DCF

"Coercion-based systems only work if the person coerced is immobile, stupid,
or weak."