With respect to offshore banking, what about the legislation governing the export of money from the coutry? Here in Australia if we send an amount of money overseas then we have to pay a tax/levy of an amount based on the size of the funds being sent offshore. If we start snailmailing certified envelopes full of money overseas then someone will want to know about it so they can tax us. Im fairly sure there wouldnt be a problem (from the governemnt) with shuffling your funds from offshore bank to offshore bank. If encrypted money was going in and out all the time from a (legal) onshore bank that accepted digital transactions to an offshore one, then you would face the same export laws. How do the banks handle this when they send fifteen trillion overseas to have their money working for them while we all sleep at night....? Mark mark@coombs.anu.edu.au