Cash Is Dying
John Young
jya at pipeline.com
Fri Jun 14 21:12:26 PDT 1996
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.
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