[14250] in Cypherpunks
Re: ECASH HOLY GRAIL?
daemon@ATHENA.MIT.EDU (Kent Borg)
Fri May 27 00:33:30 1994
Date: Fri, 27 May 1994 00:29:50 -0400
From: kentborg@world.std.com (Kent Borg)
To: CCGARY@MIZZOU1.missouri.edu, cypherpunks@toad.com
Gary Jeffers writes:
> Say, isn't this the electronic privacy HOLY GRAIL? - The STATE
>KILLER? - The POWER GIVER TO THE INDIVIDUAL? Here's to hoping that
>its everything that Chaum was looking for & congratulations to
>David Chaum & company.
Either that or the power is given to DigiCash. What is their take? How
do they make a profit?
Yes, I like the idea of cryptocash, but all the worries that come up
when the government does it come up at least as loud when a private
firm does it.
How *do* they make their money on this? And what happens when
governments get upset that a private script has cropped up? (What are
the laws on minting private money?)
Fascinating stuff.
-kb, the Kent who has been lurking here until now
P.S. Have you people developed any special mailbox filters to help
deal with high-volume lists like this?
