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World Bank report and Economist article; digital cash

daemon@ATHENA.MIT.EDU (P.J. Ponder)
Wed Jul 26 16:54:04 2000

Date: Wed, 26 Jul 2000 13:47:49 -0400 (EDT)
From: "P.J. Ponder" <ponder@freenet.tlh.fl.us>
To: cryptography@c2.net
Message-ID: <Pine.OSF.4.21.0007261341040.5826-100000@fn3.freenet.tlh.fl.us>
MIME-Version: 1.0
Content-Type: TEXT/PLAIN; charset=US-ASCII

another GMSV news item:


> In the aftermath of the recent publication of a paper suggesting that
> digital currency may well render central banks obsolete, a group of
> economists have stepped forward to argue that such a thing will never
> happen. Why? As the Economist puts it: "Cash leaves no tracks, and makes
> no demands on anybody else's integrity."

with links to:

http://www.worldbank.org/research/interest/confs/upcoming/papersjuly11/papjuly11.htm

and an article in the Economist at:

http://www.economist.com/editorial/freeforall/current/index_fn0436.html

The Economist article also includes links to papers at the Worldbank site,
and touts anonymity as a unique and sustaining advantage of physical
currency, perhaps guided by an appreciation of Chaum's business acumen in
lieu of an understanding of his math papers.



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