> The difference is that transactions on those benefit cards are processed through the banking system. Transactions on the proposed new Treasury cards would be

> The difference is that transactions on those benefit cards are processed through the banking system. Transactions on the proposed new Treasury cards would be strictly peer to peer, like cash. Funds could also be uploaded onto phones or other hardware. > There’s no cryptocurrency blockchain or distributed ledger technology involved in the proposed Ecash system. Also, no internet is required. Presumably, chips on the cards or phones would communicate with chips on other cards or phones or on point-of-sale devices to deliver or receive funds between them. What a beautiful dreams! So sorry that modern technologies can not solve these problems.