Re: ecash Press Release

Rolf Michelsen says:

Before you get too enthusiastic remember that electronic cash is not legal tender

I have to mention, yet again, that this sort of phrasing is a product of the notion that digital cash is somehow a currency. It is not. It is an anonymous money transfer method. Saying "digicash is not legal tender" is sort of meaningless -- the real question is "is the currency being transfered legal tender". Perry