17 Dec
2003
17 Dec
'03
11:17 p.m.
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. Perry