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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?