But electronic checking it is a substitute for conventional checking, it would just increase the speed of the transaction. From the economic standpoint, there is no difference in the dynamics of the checking process from normal checks
And email is no different from mail, right? Wrong: When computer programs start spending money and receiving money on behalf of their masters, we will see vast economic changes. --------------------------------------------------------------------- | We have the right to defend ourselves | http://www.jim.com/jamesd/ and our property, because of the kind | of animals that we are. True law | James A. Donald derives from this right, not from the | arbitrary power of the state. | jamesd@echeque.com