virus: Cash Moneys

Tim Rhodes (
Sat, 6 Mar 1999 17:45:22 -0800

Reed wrote of credit:

>A way of thinking about this shift is in McLuanesque
>terms (equally in terms of Bruno Latour)...the medium
>is the message. The faith of transaction becomes so
>IMPLICIT that it drops out of our conscious perception.
>We just assume it, without need for justification...the
>question doesn't even occur to us to ask.

Like in the case of <cash>. As we all know, at one time currency represented something (gold in a vault somewhere, for instance), now it only stands for itself. The question "cash or credit" is really more like, "which form of credit are you using for this transaction?"

-Prof. Tim