Abstract: The account and server free possession and transfer of entangled electronic money. Payment with E-Money is a settlement free process. Ownership and transfer occurs by means of name of the electronic bill and a secure password. A person who knows the name and the password owns the money. Upon change of ownership the password has to be changed. Any electronic bill has more entangled versions of itself to assure indestructibility. The password change is communicated automatically among all entangled versions. The user manages his/her E-Money with wallet application. He/she can also access manually his/her electronic bills over the internet.