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Re: the value of money



At  1:55 PM 05/02/94 -0700, Hal wrote:

>It appears that the Magic Money/Tacky Token experiment is not succeeding
>in producing an informal digital currency.  People have offered services
>in exchange for this money but have had no takers.  It may be that there
>is not much demand for their services, and the lack of offers simply re-
>flects that.  OTOH it could be a money-supply problem: there may not be
>enough Tacky Tokens "in circulation" to allow them to be used as money.

For us relative newcomers- whatsa Tacky Token?

>Hal