From: nelson@crynwr.com (Russell Nelson)
To: cypherpunks@toad.com
Message Hash: 330a364509f72f8d9166b9b2bfb36d6b3f3e72650fa9e19473a6fd3c3a58c40e
Message ID: <m0tMyoZ-000G3fC@ns.crynwr.com>
Reply To: <v02120d09ace90e1bce3b@[199.0.65.105]>
UTC Datetime: 1995-12-05 14:56:41 UTC
Raw Date: Tue, 5 Dec 95 06:56:41 PST
From: nelson@crynwr.com (Russell Nelson)
Date: Tue, 5 Dec 95 06:56:41 PST
To: cypherpunks@toad.com
Subject: Geodesic Payment Systems? (was Re: Meeting notes from ANSI X.9 Meeting on Electronic Payment)
In-Reply-To: <v02120d09ace90e1bce3b@[199.0.65.105]>
Message-ID: <m0tMyoZ-000G3fC@ns.crynwr.com>
MIME-Version: 1.0
Content-Type: text/plain
Nathaniel Borenstein writes:
> A true geodesic structure is self-supporting and self-structuring. A
> cryptographic infrastructure can and should be similar, I agree
> completely. However, a *monetary* infrastructure needs convertability,
> and the points of conversion are always the best targets of attack for
> criminals.
Ah! You mean the criminals seeking to exploit the conversion, not
criminals using the anonymity of the system for income secrecy. I got
a little confused right there.
-russ <nelson@crynwr.com> http://www.crynwr.com/~nelson
Crynwr Software | Crynwr Software sells packet driver support | PGP ok
11 Grant St. | +1 315 268 1925 voice | Flushing, NY. Not just a suburb,
Potsdam, NY 13676 | +1 315 268 9201 FAX | it's a good idea in general.
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