GAK Spreads, FRB Smirks

A news report today that 22 new members have joined the Key Recovery Alliance, now 61 total. A meeting in Toronto on April 24-25 reviewed committee reports on key recovery prospects for "facilitating the wordlwide use of strong cryptography." And, two Federal Reserve economists claim that smart cards and E-cash have a ways to go to compete with well-tested and trusted paper bucks. No, they smirk, these views do not protect the FRB's central bank hegemony. Both reports at: http://jya.com/krafrb.txt