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Re: Digital Cash

To: Joe Thomas <[email protected]>
Subject: Re: Digital Cash
From: Jeff Davis <[email protected]>
Date: Tue, 3 May 1994 06:10:33 -0700 (PDT)
Cc: cypher <[email protected]>
In-Reply-To: <[email protected]> from "Joe Thomas" at May 3, 94 08:41:45 am
Sender: [email protected]

> 
> But this question comes up often enough that I'm afraid I'm missing 
> something.  Why would offline systems be more useful?

Anonymity.  Digital Cash, in theory, works like Federal Reserve Notes.
Financial transactions can be carried out between individuals with out
a bank as an intermediary.  Therefore, there is no record of the
transaction.  One doesn't have to smear one's fingerprints all over
cyberspace to buy a used bicycle for their child or pay off a Super
Bowl bet.  
-- 
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Follow-Ups:
- Re: Digital Cash
  - From: "Perry E. Metzger" <[email protected]>

References:
- Re: Digital Cash
  - From: Joe Thomas <[email protected]>

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