[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: In Search of Genuine DigiCash




Eric Hughes says:
>    >If there were already a fully identified digital money system,
> 
>    Is there one?
> 
> I don't think there is any digital money system at all, neither
> anonymous nor fuly identified.
> 
> There certainly are digital funds transfer systems, almost all fully
> identified.  These are not digital money systems, although they may be
> precursors.

The U.S. banking system is largely a "digital money system" in the
sense that the bulk of the money in the system is represented in book
entry form in computer systems and has no other existance.

Perry