On Sat, Feb 08, 2003 at 01:18:14PM -0500, David P James wrote:
I'll give you a difference: liquidity. There are also differing degrees
of transferability and risk associated with all the forms of assets that
you've listed. I can't just use the tokens anywhere; they are probably
only redeemable at that particular arcade, though I might be able to
sell them to another arcade-goer at par or at a discount.
I can't just use rupees anywhere; they are probably only redeemable in
India and neighbouring countries, though I might be able to sell them
to someone going to India at the current exchange rate or at a discount.