I would like to make 2 short friendly ammendments On Sat, 2 May 1998, Robert Hettinga wrote:
.... that privacy itself was an inherent good.
that privacy itself was an inherent good in a hostile environment. But there is a higher goal. In an evironment of plenitude (rather than scarcity) every act can be purely symbiotic and in no-way parasitic. In such an environment, (which we have technologically but not politically/economically) we can create a political/social system where there are no more fascists or statists. Then I want everyone to know everything about me.
....financial system goes away for a few days. Or a month.
financial system goes away forever!!
...Is there any way to step in with digital bearer settlement as a robust alternative to book-entry funds transfer?
IMHO the only robust, sustainable solution is to eliminate all forms of such accounting altogether, to decouple production from stored ability to get what you need/want. - Carl