[42489] in Cypherpunks
Digicash will not fly
daemon@ATHENA.MIT.EDU (James A. Donald)
Sun Oct 29 13:30:18 1995
Date: Sun, 29 Oct 1995 11:13:33 +0700
To: cypherpunks@toad.com
From: "James A. Donald" <jamesd@echeque.com>
While Chaum is a brilliant cryptographer, he is an incompetent businessman
He has demonstrated this in numerous ways.
The latest being "Cash" where the bank skims off 4% to 10% every time.
No one is going to use digicash under these kinds of terms and
conditions.
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