Re: E-cash and Interest

At 2:52 PM 1/11/96, Ryan Lackey wrote:
<SNIP>
>By integrating all of these services under Mark Twain Bank Ecash Mint, I
>would get all of the advantages of a rather pricey bank, 4-5% loss on all
>my deposits, minimal privacy protection, no FDIC protection, $2500
                                                               ^^^^^
>initial deposit (not a problem for me, but it does keep many of the
>people I'd like to send money to out of the system..always a feature),
>and _tens_ of places to spend my ecash, only 4 or 5 of which that really
>sell things.
>

Where do people keep getting this number. I have an account, my initial
deposit was $36 ($11 for startup and $25 to play with).

>--
>Ryan Lackey -*- ryan@pobox.com -*- http://www.netaxs.com/people/ryan/


        -Lance



----------------------------------------------------------
Lance Cottrell   loki@obscura.com
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                        --Nietzsche
----------------------------------------------------------

In one of many possible worlds, Lance Cottrell did say:
 
> Where do people keep getting this number. I have an account, my initial
> deposit was $36 ($11 for startup and $25 to play with).

It's the amount required to earn interest on a World Currency Access account.
I was incorrect in assuming it was the minimum to start an account...it's 
just the minimum _I_ would have it in, because I do not like savings 
accounts which don't draw interest unless they're held in gold, offshore, 
or both.

-- 
Ryan Lackey -*- ryan@pobox.com -*- http://www.netaxs.com/people/ryan/
"Calmly and impersonally, she, who would have hesitated to fire at an 
 animal, pulled the trigger and fired straight at the heart of a man 
 who had wanted to exist without the responsibility of consciousness."
                                       -- Ayn Rand, _Atlas Shrugged_.