DocumentCode :
1332838
Title :
Why funny money will have the last laugh
Author :
Lewis, Ted
Author_Institution :
DaimlerChrysler Research & Technology
Volume :
33
Issue :
5
fYear :
2000
fDate :
5/1/2000 12:00:00 AM
Firstpage :
112
Lastpage :
114
Abstract :
Several upstart e-commerce companies are poised to radically alter the abstract entity we call "money." X.com (formerly Confinity.com before it merged with X.com) sends money through email via its PayPal.com service???Tele-Vend.com turns your mobile phone into a credit card, and Beenz.com prints e-money like some kind of out-of-control bean counter. Are these just examples of funny money, or the end of money as we know it? The author believes it\´s the latter, and that the prospects for massive disintermediation threaten the future of conventional money.
Keywords :
Consumer electronics; Costs; Credit cards; Electronic mail; Web services;
fLanguage :
English
Journal_Title :
Computer
Publisher :
ieee
ISSN :
0018-9162
Type :
jour
DOI :
10.1109/MC.2000.841789
Filename :
841789
Link To Document :
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