-----BEGIN PGP SIGNED MESSAGE----- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SANDY SANDFORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C'punks, Here is a further explanation how a digital bank would work in practice. REAL WORLD INTERFACE--Several of you expressed concern that digital money could *only* be spent in "cyberspace" or would otherwise be largely unavailable to you. Not so. Through the use of bank issued debit and ATM cards, you could access their account funds anonymously, in local currency, from cash machines throughout the world. In addition, we will offer our clients other services which will allow them to "end run" around the need for cash. What is a "debit" card? It is just like a credit card, except that it is used to debit your bank account immediately rather than extend you credit--at interest--for later repayment. They are issued by Mastercard, Visa and other card companies. They look, and are used, just like a regular credit card. They are anonymous because there use creates no audit trail pointing to you. Further, the bank will keep its records in a jurisdiction that protects the privacy of such business records. For the truly paranoid, the bank will issue corporate debit cards. More, later. S a n d y P.S. Please send UNencrypted private e-mail to my CRL address (sandfort@crl.com). Please send PGP encrypted private e-mail to my AT&T address (ssandfort@attmail.com). ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -----BEGIN PGP SIGNATURE----- Version: 2.3a iQCVAgUBLWQoxk5ULTXct1IzAQGcCQP/ZjsLozNR+GNqlGHYgHIygyuivMWeQxci ws0GniW8874uKgjN+80VN0puKU7jxp+gm508ibpzQPSMRPKKO4TwD8KchyVFsuoK F1CGD05L8elJzfSPxqI+JJUPh4aulK4+RbxXHzST4UKlVSjx1cPbvp+I7EvlUVKx LiDwWNQQsTQ= =auoN -----END PGP SIGNATURE-----