“I think that the Internet is going to be one of the major forces for reducing the role of government.”
“The one thing that’s missing, but that will soon be developed, is a reliable e-cash, a method whereby on the Internet you can transfer funds from A to B, without A knowing B or B knowing A.”
“As the most popular champion of free markets, it’s always surprised (and dismayed) me that Friedman seemed to have little issue with central planning when it came to money itself. He would abhor central planning in basically every good, except the good of money, which is arguably the most important.”
“The way I can take a $20 bill, hand it over to you, and then there’s no record of where it came from.”
“You may get that (e-cash) without knowing who I am. That kind of thing will develop on the Internet and that will make it even easier for people using the internet.”
“Of course, it has its negative side. It means the gangsters, the people who are engaged in illegal transactions, will also have an easier way to carry on their business.”