Forgery, bills, and the Four Horsemen (Articles and Comment)

[Lucky Green]

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In article <199509052310.QAA10027 at jobe.shell.portal.com>,
hfinney at shell.portal.com (Hal) wrote:

>This is not completely correct; there is a degree of anonymity in
>DigiCash's ecash.  That is anonymity of how a person spends his money.
>Neither the bank nor the payor is in a position to learn who or where a
>particular piece of ecash comes from (assuming that anonymous
>communication means are used).

So it is harder to compile dosiers on people. Big deal. The recipient can
still determine who gets the goods paied for by the "anonymous" ecash by
conventional means (hint: shipping address), so the payee anonymity is of
little value as far as protecting the privacy of the payer (most likely
the recipient of the goods) is concerened.

Ecash of course is of *no* value for the various assasination markets,
drug dealing, money laundring, etc that routinely get mentioned in the
same paragraph as Ecash. The reason is the *full traceability* of the
payee that has been deliberately built into the current version of Ecash.
A "feature" that you may rest assured will be part of all future versions
backed by anyone with even marginal reputation in the financial markets.

- -- 
- -- Lucky Green <mailto:shamrock at netcom.com>
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