Reed wrote of credit:
>A way of thinking about this shift is in McLuanesque
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
>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.