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Technology Stocks : CyberCash a buy?

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To: anthony nguyen who wrote (2563)12/30/1998 1:57:00 AM
From: Gil Gilbertson  Read Replies (1) of 3990
 
I am afraid you missed the point of strength of Cybercash...
The conventional use of credit cards is very expensive for mass
distribution, both as to the seller and the buyer.

Cybercash will issue an electronic currency that will be instantly
available to use in commerce and the cost will be substantially
below the card charges.

An online company cannot issue an item that costs a mear 2 bucks because the card charge eats up the profit.... with cybercash this will be possible and when you are dealing with a potential of millions of items it is a factor. gil
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