25 Jul
2022
25 Jul
'22
4:06 p.m.
'Paper money is, I hate to say it, the root of all evil', says DigiCash Founde Chaum, who argues that the traceability of electronic cash will mean the end of some tiypes of crime. 'What kidnapper would take a ransom payment by check? Once you build the infrastructure for electroni cash, the incremental cost of replacing paper cash is small. And the social benefits could be amazing." Who was it that said "A liberal statist with a privacy fetish?" https://marc.info/?l=cypherpunks&m=95279369520812&w=1