[82392] in Cypherpunks
Re: Hettinga's e$yllogism
daemon@ATHENA.MIT.EDU (Secret Squirrel)
Tue Jun 24 15:29:03 1997
Date: 24 Jun 1997 17:52:11 -0000
To: cypherpunks@cyberpass.net
From: Secret Squirrel <nobody@secret.squirrel.owl.de>
Reply-To: Secret Squirrel <nobody@secret.squirrel.owl.de>
>1. Government has copy of keys
>2. Government misuses keys.
>
>Simple enough for you?
Too simple. Escrow for ecash isn't to allow forging cash, or stealing it.
It allows tracing it.
If you tell financial experts that making ecash traceable under court order is
goint to make electronic commerce impossible, they'll laugh. They already
use systems which are even less private than that.
Anon