Jan 27 2003 : If the Unlawful Internet Gambling Funding Act bill, banning
credit card use in online gambling, is enacted after its recent
resurrection, the case for digital e-cash could be validated, according to
MSNBC. Since the act would forbid Americans from using payments like EFT,
wire transfers, checks or money orders for online betting, "gambling site
operators are scrambling for [options], such as digital cash, that can't be
easily blocked", MSNBC reports. Consultant Melody Wigdahl, confirms that in
"the next six months major players are going to step forward and fund their
own [alternative payment project]" that is "and more or less independent of
the banking system".
http://www.epaynews.com/index.cgi?survey=&ref=browse&f=view&id=1043665473622215212&block=