-----BEGIN PGP SIGNED MESSAGE----- ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ SANDY SANDFORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C'punks, Sadly, I think the following topic is the real crux of most people's objections to the deployment of digital banks on the Internet. NIGHT OF THE LIVING G-MEN--Some of you have opined that the Federales will never give us a license and/or will go after us once we are in business. First, we will not have our license, charter, offices or personnel in the USA. We will locate our operations only where are services are protected by the local authorities. Second, there is no law forbidding Americans--or nationals of most western countries--from doing business with foreign banks. We and our clients will be in compliance with all relevant laws. Third, even if the powers-that-be don't like what we are doing, there is very little they can do about it. They haven't invaded Cayman, Hongkong or the Isle of Man because of their banking operations, I seriously doubt they will do so on our account. For those who will only settle for *absolute safety*, I am sorry to say, no such thing exists in the real world. All benefits entail some risks. Not creating and using digital banking, however, may be the riskiest thing we can do. S a n d y Those who profess to favor freedom, and yet deprecate agitation, are men who want crops without plowing up the ground, they want rain without thunder and lightening. They want the ocean without the awful roar of its many waters. --Frederick Douglass P.S. Send UNencrypted e-mail to "sandfort@crl.com" and PGP encrypted e-mail to "ssandfort@attmail.com". ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ -----BEGIN PGP SIGNATURE----- Version: 2.3a iQCVAgUBLWUO8k5ULTXct1IzAQHdSwQAg1fuo5A5Zqst21WkyWKilbqnuHG1C2KA lweB33dLftuu19xzQrJDyfvvZuhS1RzzXao6kDdKkYHEC4L4rwtQXaERWa0mXWU9 E/zfrXXTPoyOD3asCrg15vCrHyfWqaYRPO6lMDXzux8FdeCGuh900azqFH7fkaSn GJhPnLwZgqs= =AU5a -----END PGP SIGNATURE-----