Citibank and Chase End Test of Electronic Cash

http://www.nytimes.com/library/tech/98/11/biztech/articles/04card.html

This article explains the disappointing results of a 1998 test of electronic cash in a New York City neighborhood.

Questions:

1. What does this article say about the conditions under which electronic cash could succeed?

2. Explain how ideas in the chapter are relevant to the promise of electronic cash and the difficulties that were encountered.

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