Digital Cash
Jeff Davis
eagle at deeptht.armory.com
Tue May 3 06:10:52 PDT 1994
>
> 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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