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"Cybercash" refers to the creation and circulation of online money. The author applies economic analysis to this form of electronic money to understand how it will enable the internet to re-establish itself as the dynamic centre of the economy and how this money form may become the dominant payment mechanism rivalling cash, paper cheques or credit cards.
ROBERT GUTTMANN is Professor of Economics at Hofstra University, New York and Visiting Professor at the Universite de Paris-Nord, France. He is an expert on the economics of money and has published many books and articles.