Virtual Cash

Eric Hughes hughes at ah.com
Mon May 2 22:44:53 PDT 1994


>[...] but noone (as far as I've
>seen) has come up with an "economic model" within which they could use
>them.

Denominate digital money in dollars in a demand deposit account in a
US bank.

Why reinvent the wheel, or, in this case, the unit of value?

Eric






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