At 04:09 PM 6/14/93 EDT, Duncan Frissell wrote:

1.) You mail cash/MO to First Digital Bank of Cyberspace (at an offshore maildrop) together with a public (unique if you like) key and anonymous email address (on Julf's remailer perhaps).

Recall that the US has money-laundering laws that require you to file a form every time you move $10,000 or more in or out of the country. If the First Digital Bank of Cyberspace is offshore, it could come under these laws, at least with respect to priming your account with real money. It's an interesting question whether they could then get you for sending more than $10,000 of digital cash across the border without filing the form. It's even more interesting if you encrypt all these cross-border transactions... Another wonderful set of laws we can credit to the "war on drugs". Phil