Re: "intellectual property"/virtual cash

Mark Grant (
Sat, 8 Mar 1997 16:42:14 +0000

On Fri, 7 Mar 1997, schoolbus wrote:

> As I said, it's anarchic, spontaneous, and it doesn't exist. It's
> voluntary, contractual agreement. Once this thing gets going, I think
> it'll grow in a great way.

Hopefully... but it sounds just like the Digicash beta trials which failed
to take off as a real currency in spite of our best efforts, and legally
speaking you'll probably have to pay tax on this income at some rate
picked at random by the IRS.


P.S. Have you read about the LETS folks in Australia, who are doing
something similar?

|Mark Grant M.A., U.L.C. EMAIL: |