Increasingly, we’ll see that type of icon: “We accept Ecash” instead of “We accept American Express” … The implications of this are just enormous.’
Predictor: Metcalfe, Jane
Prediction, in context:A 1994 article in The Cleveland Plain Dealer includes a remark made by Wired magazine co-founder Jane Metcalfe. The article says: ”A form of digital cash is already being tested by Wired magazine, President Jan Metcalfe said. The magazine runs HotWired, a site on the World Wide Web – those Internet-linked computers whose data includes pictures and sound. HotWired is experimenting with a type of digital money called Ecash (not the same as e-cash), in which a user can pay to read an article that won’t be published in the magazine for two months…’Increasingly, we’ll see that type of icon: “We accept Ecash” instead of “We accept American Express” … The implications of this are just enormous.'”
Biography:Jane Metcalfe was a 1990s member of the Electronic Frontier Foundation. She was a cofounder and first president of Wired Ventures, the parent company of Wired magazine, the landmark technology publication she helped Louis Rossetto start up in the first years of the 1990s. (Entrepreneur/Business Leader.)
Date of prediction: January 1, 1994
Topic of prediction: Economic structures
Subtopic: E-cash
Name of publication: Cleveland Plain Dealer
Title, headline, chapter name: Electronic Cash is Tested
Quote Type: Direct quote
Page number or URL of document at time of study:
http://web.lexis-nexis.com/universe/document?_m=caeebdddd300f0a283b42bcc6647e229&_docnum=1&wchp=dGLbVzb-lSlAl&_md5=8b6ab28e77cd5bd4ac4a875a4085e081
This data was logged into the Elon/Pew Predictions Database by: Pagano, Shawna