
17 Dec
2003
17 Dec
'03
11:17 p.m.
Wei Dai wrote:
On Sat, 6 Apr 1996, Gary Howland wrote:
- What will be the typical time between the withdrawal of ecash and it being deposited?
I think this will depend on how easy it is to withdraw ecash. If the client software includes an option of automaticly withdrawing ecash from the bank when you don't have enough ecash to pay for the current purchase (thereby reducing the time between withdrawal and deposit to zero), then I suspect most people will use it, even though (anticipating your next question) this compromises their untraceability.
Interesting note - I think that if the time between withdrawal and deposit ever reaches zero, then we have a e-cheque system (which is fully traceable).