Banque des Cypherpunks

Thomas Grant Edwards tedwards at Glue.umd.edu
Wed Oct 11 11:01:18 PDT 1995


On Wed, 11 Oct 1995, David Murray wrote:

> A bank isn't going to last long if the SEC can just take its 'deposits'. 
> Fortunately there are still a number of jurisdictions left where the bank's
> bank account should be safe.

Use k-out-of-n secret sharing to split digital coins among hundreds of
pseudo-banks spread throughout the world, so that governments would have
to make a large number of raids to shut it down. 

-Thomas







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