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