Peppercoin Raises $4 Million in First Round Funding, Appoints CEO

Dave Long dl at silcom.com
Thu Sep 25 13:59:13 PDT 2003



>                trillions of   trillions
>       medium   transactions   of dollars
>   ----------   ------------   ----------

I think one of the heads must be
'billions', not 'trillions'.

>         cash       550          2.2

Either that, or the average cash
transaction really is only worth
four tenths of a cent, and those
micropayment people are in luck.

-Dave

:: :: ::

>       checks        62           73
>
>   electronic        19          544
>     transfer

Total US net worth varies with how
one counts it, but the number is in
the range of $30 to $40 trillion,
so if these are domestic figures,
there's a lot of turnover.



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