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Well, electonic currency is also known as e-money, electronic cash, electronic currency, digital money, digital cash or digital currency which is exchanged only electronically. The transactions involves use of computer networks, the internet and digital stored value systems. As for example are Electronic Funds Transfer (EFT) and direct deposit. As for security, the private currecny may use gold as extra security, such as digital gold currency.
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Untraceable digital cash is here. It will become easier to use and more established in the next several years. It is indistinguishable from speech, so any laws intended to control it will almost certainly impinge on speech in general. While scare tactics may work to drive average users away from using digital cash, those operating on the margins have the most to gain and lose and will likely not be dissuaded by such laws. Not only have criminals rarely been dissuaded by tax and banking laws, but here the chances of getting caught are nearly zero. Boom markets in information of all kinds can be expected.
References:
http://osaka.law.miami.edu/~froomkin/articles/tcmay.htm
http://en.wikipedia.org/wiki/Electronic_currency
Prepared by Agu
All right reservced by EnT02 Group Rui,Ean and Agu™
References:
http://osaka.law.miami.edu/~froomkin/articles/tcmay.htm
http://en.wikipedia.org/wiki/Electronic_currency
Prepared by Agu
All right reservced by EnT02 Group Rui,Ean and Agu™
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