From: Rolf Michelsen <Rolf.Michelsen@delab.sintef.no>
Date: Mon, 22 Aug 94 23:41:21 PDT
To: Cypherpunks mailing list <cypherpunks@toad.com>
Subject: Re: e$ as "travellers check?
In-Reply-To: <9408221245.AA00663@snark.imsi.com>
Message-ID: <Pine.3.89.9408230856.B627-0100000@svme.er.sintef.no>
MIME-Version: 1.0
Content-Type: text/plain


On Mon, 22 Aug 1994, Perry E. Metzger wrote:

[....]

> Their whim, for the past few decades, has been to reduce as much as
> possible the capacity to engage in untraceable transactions. Because
> of that, any bank proposing to improve the capacity to produce such
> transactions is going to get into trouble with the regulators, who are
> acting to try to lessen such capacities. It really doesn't matter what
> the details of existing law are.

It's slighly more than a whim too, I think.  I think I recall something 
about encouraging use of *traceable* electronic funds transfer for more 
transactions is something like an official statement from one of the not 
too distant G7 meetings.

Another point not directly related to Perry's post:  This list seems to 
"know" that people *want* anonymous digital cash.  Does anybody actually 
know *how* *much* people want this?  Is Joe Common willing to pay 
something extra for this anonymity functionality?  Does anybody have 
facts about this, or is it just assumptions??  "Since we think it's good, 
everybnody must want it!"

-- Rolf


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Rolf Michelsen                           "Nostalgia isn't what it
Email: rolf.michelsen@delab.sintef.no     used to be..."
Phone: +47 73 59 87 33                   
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