From: jamesd@netcom.com (James A. Donald)
Date: Mon, 29 Aug 94 10:42:08 PDT
To: cypherpunks@toad.com
Subject: Re: pgp fanaticism
In-Reply-To: <9408290431.AA17951@ds1.wu-wien.ac.at>
Message-ID: <199408291742.KAA01019@netcom8.netcom.com>
MIME-Version: 1.0
Content-Type: text/plain


Thus spake Thoth: 
> Perhaps my apparent frustration is caused by the fact that I've become
> convinced that crypto-anarchy will not come to pass (I posted a
> lenghtly scenario earlier of that I think the future will be like).

Grey and black capitalism is already a major component of
international cash flows.

Once adequate user friendly software is available, the internet
will accellerate this already existing trend.

A fifty percent taxation rate (income plus sales plus this and that)
maximizes the states return in the short run, but is unsustainable
in the long run.

Crypto anarchy is merely the application of modern tools to 
assist covert capitalism.




-- 
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We have the right to defend ourselves and our
property, because of the kind of animals that we              James A. Donald
are.  True law derives from this right, not from
the arbitrary power of the omnipotent state.                jamesd@netcom.com