Hay all! I'm becomming very intrigued about digital cash. But, I have a few qestions. 1. How does one start a digital cash economy? How is the initial distribution of currency done? This is, of course, assuming the technical stuff is taken care of. 2. Is digital cash supposed to be backed by actuall cash on deposit at the bank? 3. How would one "get out" of such an economy if he wanted to? 4. If DC is to be backed by actual cash, is this really such a good idea? Looking forward to hearing any and all comments. +-----------------------+-----------------------------+---------+ | J. Michael Diehl ;-) | I thought I was wrong once. | PGP KEY | | mdiehl@triton.unm.edu | But, I was mistaken. |available| | mike.diehl@fido.org | | Ask Me! | | (505) 299-2282 +-----------------------------+---------+ | | +------"I'm just looking for the opportunity to be -------------+ | Politically Incorrect!" <Me> | +-----If codes are outlawed, only criminals wil have codes.-----+ +----Is Big Brother in your phone? If you don't know, ask me---+
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J. Michael Diehl