<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:
To:</td><td>Wednesday, May 25, 2016 5:32 PM
Jeremy Rubin</td></tr><tr><td>Subject:</td><td>Re:</td></tr></table>

currency is the evidence . money is a promise. =A0

On=Wed, May 25, 2016 at 1:30 PM, Jeremy Rubin <jr@mit.edu> wrote:

I'm not sure completely what the context is on this email, but = would add that the currency layer to money adds degrees of fungibility of=that promise.

Also, in repeated games the tracking of promises can=be made more substantive as credulity is built on the expectation of promi=es to be kept.

@JeremyRubin <https://twitter.com/JeremyRubin> <https://twitter.com/JeremyRubin= target=>

On Wed, May 25, 2016 at 1:27 PM, jeffrey E. =span dir="ltr"><jeevacation@gmail.com <mailto:jeevacation@gmail.com> > wrote:

and money is a " promise ". =AO nothing more. / all the characteritics of promises =C2 hold, evidence. trust, transferabilty, . ac=eptance, risk etc.

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## =C2 please note

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