Why emoney? Why not a web of debt?

Adam Shostack adam at bwh.harvard.edu
Fri Jan 20 23:08:04 PST 1995


adamfast at seanet.com wrote:
|   well, one way of doing it is LETS, the Local Exchange Trading System-- a
| non-computerized way of exchanging value in a community. it doesn't
| exactly use money. there are thousands of LETS's worldwide, i've never


        LETS seem to have little use for anonymity or privacy.  They
may also involve substantial risks of inflation/devaluation; I'm
discussing this with Michael Linton on www-buyinfo.
 
(www-buyinfo-request at ALLEGRA.ATT.COM)
 
 
Adam


-- 
"It is seldom that liberty of any kind is lost all at once."
						       -Hume





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