Re: Electronic money
Adrian Midgley <[email protected]> Fri, 05 Dec 2014 11:50:34 +0000
| Newsgroups | gmane.law.cryptography.uk |
|---|---|
| Message-ID | <CAN2jWyhdCKz0c_06UNjue_NG=m0uC2mKEUEJ=NqqoooRWzczFw@mail.gmail.com> |
I think money is promises. To the extent the promises are believed by potential subsequent recipients it has value and if they continue to be believed It may be a store of wealth. What sort of promises? Serialised abstracted fungible generalised promises.