Robert Hettinga writes
... the problem we're having with identifying a market for digital cash. There's no unique selling proposition besides privacy. There are too many real good substitutes, like this one for checks. E-mail with the above information in it can be encrypted and signed, and would be secure enough to make a real good check in its own right.
All existing substitutes are either insecure (credit cards) or involve excessive labor and transaction costs. Electronic transactions will take off like a rocket once they *undercut* existing methods. As yet, our mail encryption interface is still bad. Convenient crypto cash must come after convenient crypto mail. -- --------------------------------------------------------------------- We have the right to defend ourselves and our property, because of the kind of animals that we James A. Donald are. True law derives from this right, not from the arbitrary power of the omnipotent state. jamesd@netcom.com