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Re: taxonomies of 'real money' and e-cash
On the 18th, Tim May wrote:
>
> I wasn't saying they are all on the same footing, or are all separate and
> compartmentalizable things. Clearly some of them are just slightly
> different "flavors" of other things. I listed a bunch of them not as a
> taxonomy or ontology, but as an illustration that there are many kinds of
> financial dealings, many kinds of roles played.
>
> That the real world has so many flavors of financial things could of course
> be due to inertia and ignorance, partly. But there are also different
> functionalities, and costs. Fitting the different needs, the different
> roles of the players. I won't go on and on, as my last post on this I think
> hit the main points, but consider how many flavors we have just of
> "checks": the "ordinary" checks we write, counter checks, dual-endorser
> checks, traveller's checks, and so on. (If you are arguing that only
> "digital cash" is a real issue, and all other constructs are "small matters
> of programming," then we disagree profoundly.)
My mistake then. You obviously have in mind some things much more subtle
and more logically removed from money, or currency, or even liquidity
than what I thought you were referring to. I'm going back to reading the
list in the mornings.
--PJ
. . . .
> --Tim May
>
> ---------:---------:---------:---------:---------:---------:---------:----
> Timothy C. May | Crypto Anarchy: encryption, digital money,
> [email protected] 408-728-0152 | anonymous networks, digital pseudonyms, zero
> Corralitos, CA | knowledge, reputations, information markets,
> Higher Power: 2^756839 | black markets, collapse of governments.
> "National borders are just speed bumps on the information superhighway."
>