
At 3:15 AM +0300 4/16/01, Sampo Syreeni wrote:
The canonical example is of an escrow agent handling a deposit by a buyer of an untraceable killing. When the killer presents the appropriate form of evidence that this happened, and that he or she was "there" (*), the escrow holder pays. "You slay, we pay!" (Details of what the evidence might be are for the market to shake out.) (I have been using this example since 1988. Not as an advocacy of contract killings, but as an illustration of the issue. This scheme is different from AP, which is a lottery form.) Can the buyer of the hit renege? The escrow agent already holds the digital cash. (This assumes nonrepudiable digital cash.) --Tim May -- Timothy C. May tcmay@got.net Corralitos, California Political: Co-founder Cypherpunks/crypto anarchy/Cyphernomicon Technical: physics/soft errors/Smalltalk/Squeak/agents/games/Go Personal: b.1951/UCSB/Intel '74-'86/retired/investor/motorcycles/guns

On Sun, 15 Apr 2001, Tim May wrote:
True. This is a case where Esther *can* verify that Bob's goods aren't tainted: there's a body and it's common knowledge. Try this in case the hit must be kept a secret. And how about trade in KP, and other sensitive information? Since anonymous cash is likely to develop online, if at all, I think infotrade is an important part of the picture. Sampo Syreeni, aka decoy, mailto:decoy@iki.fi, gsm: +358-50-5756111 student/math+cs/helsinki university, http://www.iki.fi/~decoy/front
participants (2)
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Sampo Syreeni
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Tim May