Abstract

Electronic wallets, Internet-driven mail and electronic cash, credit cards that are debit cards capable of being refilled with electronic money that is spendable like pocket change, banks that not only have no branches but exist solely in cyberspace...indeed, we are entering a strange new world. Discount brokers want you to power up your computer, access your portfolio and trade your stocks-all electronically. Brokerage houses want to be your banker and banks want to be your broker. The author sees the electronic money revolution as inevitable, with "e-mail for money" becoming as ubiquitous in the future as e-mail messages are already today.

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