Re: German Federal Bank opposes e-cash

["Perry E. Metzger" <perry@piermont.com>]

Ian Goldberg writes:
> I don't get this worry about counterfeiting.  It would seem to be harder to
> counterfeit ecash than paper cash (though, admittedly, it would be harder to
> track, but it would almost certainly have to be an "inside job").  Maybe
> the journalists are just misinformed, or possibly the banking people?

I think that the fear is that counterfeit E-Cash is much easier to
pass and much more "perfect", though I think that with proper controls
the system is indeed more secure than paper currency.

.pm