In message <9211252219.AA00550@netcom.netcom.com> you write:
Warning! Recently, a bunch of bowlers (women, no less) were busted for illegal gambling because of their "pot" they were bowling for. After much public outcry and laughter at the authorities, the charges were either dropped or reduced. I mention this because casual bowlers evoke sympathy, hackers and cypherpunks do not.
Using the net, the 'banker' could easily be 'offshore' and not subject to US law in these matters. After all the internet reaches into Canada and obviously (from my point of view) to the UK. I think a more real problem with anonymous banking, is not one of 'trust' in the 'banker' but in his net access. What do you do when your banker, for whatever reason, becomes unreachable? Regards Tony ------------------+-------------------------------+--------------------------+ | Tony Kidson |`morgan' is an 8MB 486/33 Cat-| Voice +44 81 466 5127 | | Morgan Towers, |Warmer with a 670 MB Hard Disk.| E-Mail | | Morgan Road, |It resides at Morgan Towers in| tony@morgan.demon.co.uk | | Bromley, |Beautiful Down Town Bromley. | tny@cix.compulink.co.uk | | England BR1 3QE | -=<*>=- | 100024.301@compuserve.com| +=================+===============================+==========================+
UK. I think a more real problem with anonymous banking, is not one of 'trust' in the 'banker' but in his net access. What do you do when your banker, for whatever reason, becomes unreachable?
The best banker deamon would run multiple copies on widely separated hosts/ networks, and keep each other up to date on accounts/balances. They would be logically one entity, by sharing crypto keys. So if one is cut off from the net, or even destroyed, you just send your messages to one of the others. When it comes back up, the others update it with current info. Somewhat similar (not exactly, since they do not communicate to each other) existing system is archie. Imagine that your life or work depended on constant access to archie. When there was only one archie@quiche.mcgill.ca you could have said "What do you do when the archie, for whatever reason, becomes unreachable?". Now that there are many archies, the simple answer is use one of: archie.sura.net (USA, Mexico, etc) archie.mcgill.ca (Canada) archie.funet.fi (Finland/Mainland Europe) archie.au (Australia/New Zealand) archie.doc.ic.ac.uk (Great Britain/Ireland) How likely do you think ALL of these widely separated entities could be simultaneously destroyed/disconnected? -- Yanek Martinson mthvax.cs.miami.edu!safe0!yanek uunet!medexam!yanek this address preferred -->> yanek@novavax.nova.edu <<-- this address preferred Phone (305) 765-6300 daytime FAX: (305) 765-6708 1321 N 65 Way/Hollywood (305) 963-1931 evenings (305) 981-9812 Florida, 33024-5819
participants (2)
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tony＠morgan.demon.co.uk -
yanek＠novavax.nova.edu