E-money like digital cash is a string of bits which you can, Basic Computer Science

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E-money like digital cash is a string of bits which you can

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E-money (like digital cash) is a string of bits which you can pay to the merchant to get goods on-line or on-ground (assume that we have enough mechanisms to control the double spending or forging). What are the pros and cons of the credit card and e-money business models? Which one do you prefer? Which one do customers prefer (you may make some assumptions)?

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Basic Computer Science: E-money like digital cash is a string of bits which you can

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