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To: Charlie Smith who wrote (6179)7/23/1998 1:12:00 PM
From: jjs_ynot  Respond to of 8545
 
Charlie

>>> Maybe for the "store of value" (savings) component of
money, but not the "medium of exchange" (transaction) component.

I think that we are saying the same thing. The bank provides the insured, audited repository of funds. The transaction process can take a wide range of routes that may or may not involve the banking entity.


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