David Chaum, a computer scientist, introduced e-cash, a novel method for users to spend digital money without disclosing their personal information, 33 years ago.
Similar to these carbon slips, Chaum's DigiCash issued "cyberbucks," which were online virtual credits that could be converted into dollars through banking partners. His vision for the early 1990s was a society where people could go about their everyday business, shop, and transact without fear of being watched by a burgeoning Orwellian corporate state.
Unfortunately, Chaum's strategy was unsuccessful. DigiCash filed for bankruptcy in 1998 because it struggled to establish itself as a recognized business. Following the September 11, 2001 terrorist attacks in New York City, American and European authorities implemented a new round of financial security measures.
These "know your customer" and "anti-money laundering" regulations put an end to any possibility that establishment banks could actually protect the financial privacy of their customers. The dream of e-cash was over.
Chaum's concept is currently, however, being revived and improved upon as a result of an unusual partnership in the Bitcoin community.
https://bitcoinmagazine.com/culture/will-fedimints-bring-bitcoin-to-the-worldMy question is CAN FEDIMINTS ASSIST IN THE WORLDWIDE SCALE OF BTC?
What are your thoughts on this..