[47315] in Cypherpunks

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Re: new web security product

daemon@ATHENA.MIT.EDU (Perry E. Metzger)
Tue Jan 16 15:05:53 1996

To: ecarp@netcom.com
Cc: cypherpunks@toad.com
In-Reply-To: Your message of "Tue, 16 Jan 1996 13:33:03 CST."
             <199601161933.OAA10516@dal1820.computek.net> 
Reply-To: perry@piermont.com
Date: Tue, 16 Jan 1996 14:48:19 -0500
From: "Perry E. Metzger" <perry@piermont.com>


"Ed Carp, KHIJOL SysAdmin" writes:
> I wouldn't pass this along normally, but it seems to allow folks to use
> their credit cards at home securely.  Bye-bye, First Virtual... ;)
> 
> 	http://www.cnn.com/TECH/9601/encryption/index.html

I don't think its going to fly. No one wants to pay for an unneeded
$100 piece of hardware to encrypt the same credit card over and over
again, when a nearly zero marginal cost piece of software can do the
same thing.

Perry

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