Re: E-cash and Interest

At 08:20 AM 1/10/96 -0500, you wrote:

I think that you have hit the nail on the head. Money could still 'earn' interest until it is spent. The 'bank' still has the 'real' money. In fact, it is an improvement over cash, in that you could still earn interest on the money on your hard drive. Thanks for the clarification.

I think there is another way of looking at the ecash/interest situation:

From upside down, so to speak. If the USE of Ecash avoids (legally or illegally) income or sales taxes, that constitutes an "interest," in an odd sort of way. Not "real" interest, of course, but the next best thing.