Real issue of crypto controls: security or taxation loss?
gary at hotlava.com
Sat Sep 13 16:33:37 PDT 1997
> Then, TM came to say that this is irrelevant. TM was right in the
> context of the post, but it led me to ask myself this
> (vague) question:
> What is the real issue here, what makes the govt so insistent about
> wanting to ban crypto? What is such a threat to them that it makes
> them pass laws that are profoundly against the US constitution?
> What causes their panic?
They want to read your mail. They would like to read your mind too.
> To this, all I can find of enough magnitude to put them in such state
> is that they just recently *truly* realized that crypto will,
> infinitely more than to threaten the security of the state,
> threaten their very existence by putting them outside of the money
I disagree. I think they want to read your mail. I don't believe they are
scared of "digital bearer bonds" etc., although I do believe that this is the
most hyped issue on these mailing lists ...
> Any comments about why we should *not* put most emphasis on the
> financial aspect of crypto?
Because the financial aspects are hyped way out of proportion on these
Also, you will find that the govt does *not* want to ban financial crypto
- it only wants to ban encryption - so how can you argue that they are
panicking because of the financial aspect of crypto? You can't. They panic
because they can't read your mail.
pub 1024/C001D00D 1996/01/22 Gary Howland <gary at hotlava.com>
Key fingerprint = 0C FB 60 61 4D 3B 24 7D 1C 89 1D BE 1F EE 09 06
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