Why Digital Cash is Not Being Used
Eric Hughes
hughes at ah.com
Tue May 3 19:12:07 PDT 1994
>> Currency needs to be fungible -- your time and my time and
>> the time of a brain surgeon are not the same.
>I see that my post was ambiguous. I didn't mean that "time" would be
>the currency, rather, "time" would be the "good" purchased.
There _are_, however, systems which have been denominated in units of
15 minutes of labor. (I've seen the scrip.) The misunderstanding is
not unfounded.
Eric
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