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But Stanley Morris of the United States Treasury, who chaired a FAFT working group which drafted the report, told a news conference that law enforcement agencies would face 'very major new challenges' if new technology moves the world "to a cashless society, beyond banks, cash and borders."
Oh No! First they told us that they were all in favor of a cashless society because they could track all the transactions. It was their Orwellian Dream. Now Nirvana has almost arrived and they're afraid of it. Can't they make up their minds? I noticed the problem long about 1975 when I noticed that the spread of ATM cards was actually the spread of a bearer instrument and would not satisfy the control needs of the regulatory types. DCF -----BEGIN PGP SIGNATURE----- Version: 4.5 iQCVAgUBMvpDW4VO4r4sgSPhAQFNzQP/TOFgteQk7mry+GSqew1Yee4i24oOwJKS HWIkmkekJB+JeaYiR3/od78ZfJUchJR6iH3isKD4a3ijofpGstXWKrmHGpPpZUJu 9ng7MxOn4fYOWSzcP2TnNOjq5rc6IA2ROahGD2OHkHPYp8bjS36ssbu1GmGbHofQ pvkUXNxrdIk= =VKtO -----END PGP SIGNATURE-----