[47461] in Cypherpunks
Re: underground digital economy
daemon@ATHENA.MIT.EDU (Duncan Frissell)
Thu Jan 18 07:18:54 1996
Date: Thu, 18 Jan 1996 07:10:01 -0500
To: Jim_Miller@bilbo.suite.com, a-kurtb@microsoft.com
From: Duncan Frissell <frissell@panix.com>
Cc: cypherpunks@toad.com, Jim_Miller@bilbo.suite.com
At 10:27 PM 1/17/96 -0600, Jim Miller wrote:
>This is the part that bothers me. Wouldn't a gateway between anonymous
>e-money and identified e-money would stick out like a sore thumb to
>agencies tracking the flow of identified e-money? Wouldn't identified
>e-money trails start and/or terminate at the gateway? Once the gateway is
>discovered, all clients on the identified e-money side of the gateway
>would be discovered.
But those clients could be shell companies given to the "real" users. As
long as one has a continuing opportunity for anonymous *spending* you can
transfer the value of the underground e-cash into useful goods and services.
DCF
