Re: Chaum's cash: backup?
17 Dec
2003
17 Dec
'03
11:17 p.m.
At 10:04 PM 10/22/95 -0700, Vladimir Z. Nuri wrote:
say I download $1000 to my hard drive and it crashes. what to do?
if it was like "real" cash, then it really would be lost.
It is really lost. Your disk drive contains information the bank *cannot* know. If you do not know that information either, you cannot prove to the bank or anyone else that you rightfully possess a legitimate coin. --------------------------------------------------------------------- | We have the right to defend ourselves | http://www.jim.com/jamesd/ and our property, because of the kind | of animals that we are. True law | James A. Donald derives from this right, not from the | arbitrary power of the state. | jamesd@echeque.com
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James A. Donald