From: hughes@ah.com (Eric Hughes)
Date: Wed, 10 Aug 94 16:52:51 PDT
To: cypherpunks@toad.com
Subject: anonymous settlement
In-Reply-To: <4902@aiki.demon.co.uk>
Message-ID: <9408102324.AA25933@ah.com>
MIME-Version: 1.0
Content-Type: text/plain


   >  Also, for anonymous
   > payment for such overseas services, anonymous transfer in at least one
   > of the two currencies is necessary.

   The last point is certainly not true.  If user X communicates with
   service A (a gateway) in one country to purchase something from
   service B in another country, X can settle accounts with A anonymously
   (say in US$) and then A and B can settle accounts with one another
   (say in sterling) openly.

May I point out that that in your example that X and A are performing
an anonymous transfer in dollars, which is one of the two currencies?

Eric