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DigiCash announcement correction

3 expanded posts ยท every known parent and child

NODE f9eb8795DigiCash announcement correction
An error was made in the UniBank/Phantom Exchange press release which
indicated that DigiFrancs were backed by a store of 16 oz Diet Coke cans.

There are of course no 16 oz cans, but rather 12 oz cans.

UniBank regrets the error.
NODE 998be0e0Re: DigiCash announcement correction
>  
> UniBank will begin circulating DigiFrancs at 1:38pm EST Tuesday May 10, 
> 1994.  (The moment of peak coverage in the annular eclipse of the sun)
>  
> DigiFrancs are backed by 10 cases of Diet Coke, located at the UniBank 

10 cases == 240 cans right? or is it 120?

> "vault" reserves in Washington, DC.  DigiFrancs are redeemable for their 
> equivalent value in 16 oz Diet Coke cans (unchilled) on demand FAS 
what?
> Washington, DC.  This arrangement implies no agreement between any of 
> the parties and Coca-Cola company.

The question remains -- how many df's per 12 oz (I assume) can of
coke?  I also assume you mean cans of diet coke, rather than Diet Coke
(brand, and possibly empty) cans.  So, how much aluminun, and how much
Diet Coke brand soft drink is 1 df exchangeable for?

j'
NODE 11d09aadRe: DigiCash announcement correction
C'punks,

On Tue, 10 May 1994, Black Unicorn wrote:

> 
> An error was made in the UniBank/Phantom Exchange press release which
> indicated that DigiFrancs were backed by a store of 16 oz Diet Coke cans.
> 
> There are of course no 16 oz cans, but rather 12 oz cans.
> 
> UniBank regrets the error.
> 
> 
Damn bankers.   Overnight they devalued the DigiFranc by 25%!


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