1994-02-18 - Re: REAL WORLD ENCRYPTION

Header Data

From: norm@netcom.com (Norman Hardy)
To: Sandy <cypherpunks@toad.com>
Message Hash: 59f04483516b17d393f7bd7b8f14414f125a2d9bcffaf536b247561d31f09dfa
Message ID: <199402181959.LAA21873@mail.netcom.com>
Reply To: N/A
UTC Datetime: 1994-02-18 20:01:03 UTC
Raw Date: Fri, 18 Feb 94 12:01:03 PST

Raw message

From: norm@netcom.com (Norman Hardy)
Date: Fri, 18 Feb 94 12:01:03 PST
To: Sandy <cypherpunks@toad.com>
Subject: Re: REAL WORLD ENCRYPTION
Message-ID: <199402181959.LAA21873@mail.netcom.com>
MIME-Version: 1.0
Content-Type: text/plain


At 21:36 2/17/94 -0500, Sandy wrote:
>What is a "debit" card?  It is just like a credit card, except
>that it is used to debit your bank account immediately rather
>than extend you credit--at interest--for later repayment.  They
>are issued by Mastercard, Visa and other card companies.  They
>look, and are used, just like a regular credit card.  They are
>anonymous because there use creates no audit trail pointing to
>you.  Further, the bank will keep its records in a jurisdiction
>that protects the privacy of such business records.  For the
>truly paranoid, the bank will issue corporate debit cards.

Perhaps you can sell your technology to government witness protection
programs. Perhaps you could even sell your service if you could prove that
only the money was at risk (and not the location of users).







Thread