Clipper Chip Banking

[Toto]

KALLISTE at delphi.com wrote:
 
>       Just  as  the "Clipper"  proposal
> (the Escrowed Encryption Standard) is a
> system of encrypted communication  with
> a Big Brother peephole, so is Sandia e-
> cash  a  system of digital cash with  a
> Big  Brother peephole.  It was designed
> that way.
>        Why  is  Sandia  interested   in
> digital cash systems?  Well, Sandia  is
> responsible    for   all    non-nuclear
> components  of  nuclear  weapons.   The
> security  of  nuclear  weapons  depends
> partly   on   cryptology.   The   code-
> breaking   National   Security   Agency
> (NSA), for example, is responsible  for
> the   communication  security  of   the
> Minuteman missile, as well as the codes
> by  which  the President must  identify
> himself to authorize a nuclear strike.

  The main benefit of the proposed Sadia system is that it will
allow the President to do his banking while nuking the commies.
  Sound reasonable to me.
-- 
Toto
-----------------------------
"The Xenix Chainsaw Massacre"
http://bureau42.base.org/public/xenix/xenbody.html