-----BEGIN PGP SIGNED MESSAGE----- On Mon, 30 Dec 1996, Omegaman wrote:
Yes. But we were talking about one only "doubly untraceable" Chaumian digicash system. I feel that if such systems don't see wide and common usage, they will fade away in favor off "singly untraceable" and like systems. (or be pushed out, such as in the example we played with above).
One rogue bank, therefore, can be frozen out if others are not using Chaumian cash.
I don't see how one bank offering fully anonymous digital cash could be "frozen out." Partially untracable cash systems may be much more popular, but as long as the fully anonymous system receives enough money to stay in business, there would be little risk of fading away. A bank offering fully anonymous digital cash could be used for tax evasion, extortion, and money laundering. These crimes usually involve large sums of money, so this would keep the bank in business. Mark -----BEGIN PGP SIGNATURE----- Version: 2.6.3 Charset: noconv iQEVAwUBMsgtDyzIPc7jvyFpAQGZKAf8DvR1uWWCV5iTcj23YdxNC/Bg5e6+AFYw buzMoNsHNdpu/LKBMIdr03vLbuOGIDDo+FobHtzVoqss2CExm2mHqlWJWChNO19M 8/M+JGj3RlXVbzKLaXyeTNQtVf9MqUdrxGaT00caggKglzO8w0ghoazbuGZ6nHhy k2sKB1ghKF+9kJc7yCVMRtimZeCOl+veZjwK/SO3FgrhZD/hnJ0ArLBBF5gfPvOH 451mqcP+1Uy790+Y/+JzHPPAMhX7G7E8QotlHQm21b1nlSRN/eBnbtZwWXdCwf/C MVYcs1q3nYoQF844RPo0L61hlsxhveYUTSyDtyF2I/KErobyunsz+g== =2Ueo -----END PGP SIGNATURE-----