E-money Good or Bad?
Roy M. Silvernail
roy at cybrspc.mn.org
Mon Dec 5 05:40:14 PST 1994
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In list.cypherpunks, KDAGUIO at aba.com writes:
> Let me ask you a question. If people can communicate over the
> net anonymously, tranmit unreadable messages, and transfer
> unlimited amounts of fully anonymous money, haven't you, in
> addition to protecting some of the interests of minorities, also
> perfected a mechanism by which people with evil intent can engage
> in criminal activities completely unobserved and with no fear of
> prosecution?
This has been hashed almost to death before. The use of crypto does not
remove the fear of prosecution. It only makes it more difficult to
intercept messages in transit. Actions at both ends of the transaction
will still be visible to some extent.
We don't have any duty to make law enforcement's job easier, especially
at the cost of our privacy.
- --
Roy M. Silvernail [ ] roy at cybrspc.mn.org
PGP public key available by mail
echo /get /pub/pubkey.asc | mail file-request at cybrspc.mn.org
These are, of course, my opinions (and my machines)
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