Re: What backs up digital money?
17 Dec
2003
17 Dec
'03
11:17 p.m.
At 11:11 AM 4/2/96, Hal <hfinney@shell.portal.com> wrote:
I am curious to know why you say that ecash is not a currency. One of the main points of my original posting was to challenge this view.
I'd like a shot at this... I sort of blurted this at the coin-BOF at CFP96, and I think I'll still own up to it, viz, When money finally goes onto the net, and never comes back, the digital bearer certificates we call ecash will be a currency. Until then, it's just a script. Or is it an interestless bond? ;-). Cheers, Bob Hettinga ----------------- Robert Hettinga (rah@shipwright.com) e$, 44 Farquhar Street, Boston, MA 02131 USA "Reality is not optional." --Thomas Sowell The e$ Home Page: http://thumper.vmeng.com/pub/rah/
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