1998-04-27 - Re: Futures Doomed

Header Data

From: Duncan Frissell <frissell@panix.com>
To: John Young <cypherpunks@toad.com
Message Hash: 655da5a48ebf2d5ab218cc5c021434279d8a0e747a566c5f61e0e703deefdb34
Message ID: <3.0.2.32.19980426213206.006917e0@panix.com>
Reply To: <v04003a00b167dd28d1bb@[139.167.130.246]>
UTC Datetime: 1998-04-27 01:33:56 UTC
Raw Date: Sun, 26 Apr 1998 18:33:56 -0700 (PDT)

Raw message

From: Duncan Frissell <frissell@panix.com>
Date: Sun, 26 Apr 1998 18:33:56 -0700 (PDT)
To: John Young <cypherpunks@toad.com
Subject: Re: Futures Doomed
In-Reply-To: <v04003a00b167dd28d1bb@[139.167.130.246]>
Message-ID: <3.0.2.32.19980426213206.006917e0@panix.com>
MIME-Version: 1.0
Content-Type: text/plain


At 11:53 AM 4/26/98 -0400, John Young wrote:
>More on the future of money in the NYT today, "Crime's 
>New Cash of Choice," the Euro, which plans larger 
>denominations than the mobs' favorite $100 US. If the 
>Euro catches on, it says, the USG could lose billions in 
>interest-free loans on stashed C-notes, unused except 
>in the underground -- which the US turns a blind tax eye 
>to because more revenue comes from the seignoriage.

Why haven't the undergrounders adopted the SF1000 note (just under $700 these days)?  Nice denomination.

DCF





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