[12929] in Cypherpunks

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Re: Digital Cash

daemon@ATHENA.MIT.EDU (Perry E. Metzger)
Tue May 3 09:24:38 1994

To: cypher <cypherpunks@toad.com>
In-Reply-To: Your message of "Tue, 03 May 1994 06:10:33 PDT."
             <9405030610.aa22247@deeptht.armory.com> 
Reply-To: perry@imsi.com
Date: Tue, 03 May 1994 09:19:33 -0400
From: "Perry E. Metzger" <perry@snark.imsi.com>


Jeff Davis says:
> > 
> > But this question comes up often enough that I'm afraid I'm missing 
> > something.  Why would offline systems be more useful?
> 
> Anonymity.

Online systems are also guaranteed anonymous. The whole point of
offline transactions is just to eliminate the need to be online, which
can be inconvenient -- as an example, if you are trying to buy
something on a streetcorner or otherwise away from telecom. In the
future, this will not be so much of a problem. For the moment its
quite interesting.

Perry

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