1993-11-08 - Private and Public

Header Data

From: hughes@ah.com (Eric Hughes)
To: cypherpunks@toad.com
Message Hash: 3f11375968258e28401d1f01af81013deb2665c192773f8c6fd0406800edbfa9
Message ID: <9311081918.AA09930@ah.com>
Reply To: <Pine.3.87.9311080920.A8020-0100000@crl.crl.com>
UTC Datetime: 1993-11-08 19:23:03 UTC
Raw Date: Mon, 8 Nov 93 11:23:03 PST

Raw message

From: hughes@ah.com (Eric Hughes)
Date: Mon, 8 Nov 93 11:23:03 PST
To: cypherpunks@toad.com
Subject: Private and Public
In-Reply-To: <Pine.3.87.9311080920.A8020-0100000@crl.crl.com>
Message-ID: <9311081918.AA09930@ah.com>
MIME-Version: 1.0
Content-Type: text/plain

>international digital banking will make 
>it very difficult for a national government to track monetary exchanges, 
>and thereby tax them. Furthermore, I deduced from the gleam in his eye 
>that Eric thought that this was a Good Thing

I think that increasing the ability of parties to transact in private,
such that neither the contents nor the existence of a transaction is
revealed, is a Very Good Thing.

I do not believe that it is prudent for governments to continue to
fund themselves on transaction taxes, such as income tax.  Government
exists primarily because of the facts of geography, properties of
territory and boundary.  The digital world is not a geographic one,
and the geographic model of government is not appropriate for it.

Please respond to my personal email address.