17 Dec
2003
17 Dec
'03
5:17 p.m.
Well, one way I've described the clipper to a non-computer literate person is to have them imagine a situation where the government required that you gave them a copy of your housekey, and, if you decided to get a safe-deposit-box, they would get a copy of that, too.
Yep. And your car keys. And your bicycle lock. And the bag you deposit your store's money at the bank in. And of course, once non-Clipper crypto becomes illegal, if they can't find the escrow key for your car, they'll just confiscate it - after all, you were parking it on a public street.