[16363] in cryptography@c2.net mail archive
RE: Financial identity is *dangerous*? (was re: Fake companies,
daemon@ATHENA.MIT.EDU (R.A. Hettinga)
Thu Oct 28 12:02:14 2004
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In-Reply-To:
<017630AA6DF2DF4EBC1DD4454F8EE297161818@rsana-ex-hq1.NA.RSA.NET>
Date: Mon, 25 Oct 2004 17:03:15 -0400
To: <cryptography@metzdowd.com>
From: "R.A. Hettinga" <rah@shipwright.com>
At 9:30 AM -0400 10/25/04, Trei, Peter wrote:
>If we're going to insist on dedicated, trusted, physical
>devices for these bearer bonds, then how is this different
>than what Chaum proposed over 15 years ago?
I don't think that face to face will be necessary. It just means keeping
control of your keys, etc. You can stash bearer-bonds on the net in m-of-n
storage, where nobody knows what's what, paid by the bit, etc.
>If you just add a requirment for face to face transactions,
>then I already have one of these - its called a wallet
>containing cash.
Certainly bits are smaller. See above, though.
Cheers,
RAH
--
-----------------
R. A. Hettinga <mailto: rah@ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
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