Re: Meeting notes from ANSI X.9 Meeting on Electronic Payment
rah@shipwright.com (Robert Hettinga) writes:
It doesn't appear that these people seem to care about cash-like anonymous token-based payment schemes. Is that a valid assesment? What is needed to make these people start caring about that?
My guess is, they won't. Ever.
<Elmer Gantry [snip]>
Reality check. Accountants _know_ how to do books that deal with cash. Most small business keep their books on a cash basis. Cash was how the world worked until recently. Accountants know how to meet acceptable auditing standards when transactions are in cash. I learned this from the CPA I live with. Seems to me this list doesn't have enough folks with a grounding in non-technical issues. Until the last 30+ years, the world lived on cash. I like cash. I assume I'll like electronic cash once people remember what cash is and model it correctly. Got to to get my beauty sleep before tomorrow's GAK export meeting... Pat Pat Farrell Grad Student http://www.isse.gmu.edu/students/pfarrell Info. Systems & Software Engineering, George Mason University, Fairfax, VA PGP key available on homepage #include <standard.disclaimer>
participants (1)
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Pat Farrell