[48597] in Cypherpunks
[UTTER NOISE]Re: FV Demonstrates Fatal Flaw in Software Encryption of Credit Cards
daemon@ATHENA.MIT.EDU (Steven Weller)
Tue Jan 30 01:44:46 1996
Date: Mon, 29 Jan 1996 21:30:00 -0800
To: cypherpunks@toad.com
From: stevenw@best.com (Steven Weller)
>> INFORMATION IS INSECURE THE MOMENT YOU TOUCH A KEY.
>
>> This does not mean that Internet commerce is dead. Any scheme that is
>> not based on self-identifying one-way financial instruments such as
>> credit cards will be essentially unaffected by this problem. Moreover,
>> even credit cards may be made safe on the Internet using one of two
>> approaches: secure hardware add-ons and the First Virtual approach.
etc.
My name for this kind of software:
Terminate and Stay Clueless
-------------------------------------------------------------------------
Steven Weller | "The Internet, of course, is more
| than just a place to find pictures
| of people having sex with dogs."
stevenw@best.com | -- Time Magazine, 3 July 1995
