At 7:45 PM 8/27/94 -0400, Perry E. Metzger wrote:
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.
I suppose what I meant was is there any fully identified offline digital cash system in the literature. I haven't heard of any from secondary sources, like around here, or from my cursory reading of Schneier, for instance. The penalty for imprecision on a mail-list of scientists is blown bandwidth. My apologies. Cheers, Bob Hettinga ----------------- Robert Hettinga (rah@shipwright.com) "There is no difference between someone Shipwright Development Corporation who eats too little and sees Heaven and 44 Farquhar Street someone who drinks too much and sees Boston, MA 02331 USA snakes." -- Bertrand Russell (617) 323-7923