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.
