Re: German Federal Bank opposes e-cash

Ian Goldberg writes:

I don't get this worry about counterfeiting. It would seem to be harder to counterfeit ecash than paper cash (though, admittedly, it would be harder to track, but it would almost certainly have to be an "inside job"). Maybe the journalists are just misinformed, or possibly the banking people?

I think that the fear is that counterfeit E-Cash is much easier to pass and much more "perfect", though I think that with proper controls the system is indeed more secure than paper currency. .pm