To: cypherpunks@toad.com N>Pretty exhausting for the typical service industry. Most customers N>will pick the service that's easier to sign up for, They used to think this about PCs in general but we now have a hard core of fairly sophisticated PC users that support sophisticated software/hardware. Crypto will be a niche market for a while but there are enough "motivated buyers" out there to support a large market. These buyers would include the retail pharmacutical trade, deadbeat dads, wagering, the 10 million tax non-filers and the other 10 million filers who practice tax evasion, upscale illegal aliens, the politically motivated, a portion of the financial services industry. Obviously, people won't buy until they see a "must have" application. What will be the "Visicalc" of digital anarchy? Offshore debit VISA cards linked to anonymous accounts? If I knew of an institution offering same, I could "sell" thousands of such accounts tomorrow even with an unfriendly user interface. N>Also, the issue of which parts of these schemes are *legal* N>is critical, but being completely overlooked. Any lawyers N>out there with comments on this? As long as the phyical part of the institution is in a tax haven jurisdiction, digital cash should be legal. Most haven jurisdictions allow bank accounts in the names of businesses owned by the holders of bearer shares. Those haven jurisdictions that are in what is now the European Free Trade Area (or whatever they're calling it this month) such as Austria, Gibraltar, The Channel Islands, and Isle of Man may lose their ability to offer anonymous accounts as EEC rules tighten but there are many other jurisdictions. Also, not enough work has been done in the area of non-anonymous anonymous accounts. If an account is in the name of an institution (company, etc) beneficial ownership may be just as difficult to determine as with a genuine anonymous account. A haven-based cutout which holds accounts in ordinary jurisdictions can do many usefull things. The proliferation of non-bank banks like money market funds also provide other opportunities. "No Truce with Kings" Duncan Frissell Teaching individuals the technology of liberty since 1969 - Frissell & Associates Privacy Consulting. --- WinQwk 2.0b#0