Cash Is Dying

6-14-96: NYT ad for The New York Times Magazine: Cash is dirty. Cash is heavy. Cash is quaint. Cash is expensive. CASH IS DYING. "You believe in banks don't you? That's good, because ultimately money is backed by nothing but your own confidence, habit and faith -- a form of faith as powerful and essential to modern life as any religious belief. The coming digital era will make this plain to everyone, as never before." (Continued on Sunday) From "Dead as a Dollar" by James Gleick ...the cover article in this week's issue. --------- Yes, the James Gleick whose co-founded Pipeline is near dead as a dollar. Hope his multi-million-dollar PSI-buyout lives.