-----BEGIN PGP SIGNED MESSAGE----- I remember Eric was talking at the 2nd last (September) cypherpunks meeting about setting up some sort of digital cash system in MU*s. It's a very good idea, yes. I was thinking that metaverse.io.com would be an interesting ground to implement digital cash, because this MOO seems like a very commercial-oriented system. I know that Fringe Ware, Inc. has set up an office in the MOO where once it's up and running will serve people's requests for information. Paco, in his article on Metaverse in the new Fringe Ware Review, talks about how small start up companies can get offices in metaverse, if they can't afford (like apple) an ftp site to serve their customers. This might be extended to an actual *commerce* system. Someone could lease a plot of MOO-space, set up a digital bank, issue bank notes, and users could use these digicash notes to purchase products at the offices of small companies located in the Metaverse. Because io.com is a commercial system, it might actually not be that tough to implement a us-dollars-backed system. I.e.: a digibank would take actual DOLLARS from users, give them digicash notes, and users can use the notes to make transactions in MOOspace, and vendors and users alike may redeem their digicash for us-standard cash. In order to deal with the legal issues associated, it might be easiest for io.com to actually run the digibank, but not necessary. Personally, I'd prefer a digibank run by a third-party, but I have no real problem with io.com running the thing. It certainly seems promising. - -- Sameer sameer@netcom.com -----BEGIN PGP SIGNATURE----- Version: 2.3a iQCVAgUBLMLogwvya0ihLgutAQHU0QP/eib6YHPE3/dgipfy+WQ6pMM6TTq8lxl6 BnsxtOBC6jGALbZyCSp7ADfhEHYQAd0ZcgrvwE9bwJW05iRNb2U8H+QlrEovoPD3 0VBnmlL9ge2wr4bGnTZvSSob4ooODEgFj8BDjwfya8UVhgeGfcAIzvp8pEd4nsII kpJ4i/Yqw4M= =5vMg -----END PGP SIGNATURE-----