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Re: Ecash w/ offshore bank clearing house

daemon@ATHENA.MIT.EDU (Perry E. Metzger)
Fri May 27 15:23:41 1994

To: "Gary Jeffers" <CCGARY@mizzou1.missouri.edu>
Cc: cypherpunks@toad.com
In-Reply-To: Your message of "Fri, 27 May 1994 14:03:05 CDT."
             <9405271909.AA21270@toad.com> 
Reply-To: perry@imsi.com
Date: Fri, 27 May 1994 15:19:06 -0400
From: "Perry E. Metzger" <perry@imsi.com>


"Gary Jeffers" says:
>    Well Chaum's ecash doesn't seem to be quite the Holy Grail that it
> looked like. It needs a clearing house to be effective. Would an off-
> shore bank acting as a clearing house for Chaum's ecash be practical?
> Could that be a State Killer?

Nothing, other than several hundred thermonuclear weapons aimed in a
grid to slag the entire territory, will be a single technology capable
of "state killing", regardless of the state in question. E-Cash will,
of course, be an important tool in increasing people's privacy.

Perry

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