[79640] in Cypherpunks
GAK Spreads, FRB Smirks
daemon@ATHENA.MIT.EDU (John Young)
Wed May 7 19:44:09 1997
Date: Wed, 07 May 1997 18:26:35 -0400
To: cypherpunks@toad.com
From: John Young <jya@pipeline.com>
Reply-To: John Young <jya@pipeline.com>
A news report today that 22 new members have joined
the Key Recovery Alliance, now 61 total. A meeting
in Toronto on April 24-25 reviewed committee
reports on key recovery prospects for "facilitating
the wordlwide use of strong cryptography."
And, two Federal Reserve economists claim that
smart cards and E-cash have a ways to go to
compete with well-tested and trusted paper bucks.
No, they smirk, these views do not protect the FRB's
central bank hegemony.
Both reports at:
http://jya.com/krafrb.txt
