digital cash : Java Glossary

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digital cash
One of several new schemes of electronic funds transfer that even more efficiently serve the same functions as hard currency, namely:

One way to stimulate your imagination to invent new forms of digital cash is to imagine an alien watching a documentary about human activities. To help get you into the alien frame of mind, imagine that the images have been electronically retouched to erase all the price tags, money, credit cards and replace them with blank white objects or perfectly transparent objects. All the aliens see are the physical actions. They don’t see or understand money. The aliens speculate on motivations for the various human activities. If nothing else, you may get a chuckle. I wrote a little scenario on bix.com in technology/social;5074 about how aliens might look at the social rituals involved in buying fruits and vegetables.


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