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Re: Digicash will not fly (not)

"James A. Donald" <[email protected] wrote:
>While Chaum is a brilliant cryptographer, he is an incompetent businessman
>He has demonstrated this in numerous ways.
>The latest being "Cash" where the bank skims off 4% to 10% every time.
>No one is going to use digicash under these kinds of terms and 

Doesn't just about everyone do precisely this when they pay sales tax?
Every time a buck arrives or departs a hand one pays a tax yet the system (you and I)continues accepting these terms albeit painfully.

> ---------------------------------------------------------------------
>              				|  
>We have the right to defend ourselves	|   http://www.jim.com/jamesd/
>and our property, because of the kind	|  
>of animals that we are. True law	|   James A. Donald
>derives from this right, not from the	|  
>arbitrary power of the state.		|   [email protected]