MIT paper
First ref of bit coin 2006.
David Chaum Ahead of his time by
http://www.chaum.com/articles/Security_Wthout_Identification.htm
http://cryptome.org/jya/digicrash.htm
Chaum had worked for intelligence agencies, and that didn't fortify his faith in the good intentions of humankind. His vision of the privacy of the individual was almost an obsession.
In 1996 he said in the relations magazine of Honeywell -Bull:
"The difference between a bad electronic cash system and a well developed digital case will determine whether we will have a dictator or a real democracy."
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