Certainly. There are a couple of ways, but all one needs is some sort of gateway to an e-cash, which is simply e-money without identification. The gateway could take the form of a human intermediary, with either services or physical goods being the medium of exchange, or simply an exchange server which takes a cut off the top, as happens in the street all the time in countries that have currency restrictions. Kurt ---------- From: jim@bilbo.suite.com[SMTP:jim@bilbo.suite.com] Sent: Wednesday, January 17, 1996 14:39 To: cypherpunks@toad.com Subject: underground digital economy Question: The existing underground economy uses the same money as the aboveground economy (i.e. paper money, for the most part). Could a significant underground digital economy develop if the aboveground digital economy used only identified e-money? Jim_Miller@suite.com ____________________________________________________________________ The Internet is a land bridge for memes ____________________________________________________________________