From: tcmay@got.net (Timothy C. May)
Date: Thu, 15 Aug 1996 12:11:04 +0800
To: cypherpunks@toad.com
Subject: BlackNet Bids $350 M for a DAT tape
Message-ID: <ae37cc5305021004391d@[205.199.118.202]>
MIME-Version: 1.0
Content-Type: text/plain


At 9:38 PM 8/14/96, Douglas R. Floyd wrote:

>Most foreign powers would pay someone a handsome sum to hand over these
>keys.  I would bet that France or Iran would offer a billion dollars to
>someone who would turn over the part of the database they preside over.
>
>I bet that France/Iran/etc. would be able to pool together 3 billion
>dollars and a nice getaway for the stooges who can grab a tape with the
>escrowed keys on it.  Heck, Ames turned traitor for less.  (I am assuming
>the keys as small, 1K bytes each... an 8mm Exabyte mammoth tape would be
>able to carry 30 million keys.)  Even an "el cheapo" Travan TR3 tape would
>be able to snarf 1.6 million keys... and that's a lot of people
>compromised!

Sure, the going bid is $350 million on BlackNet. I expect the price to go
higher, as more keys are involved.

--Tim May

Boycott "Big Brother Inside" software!
We got computers, we're tapping phone lines, we know that that ain't allowed.
---------:---------:---------:---------:---------:---------:---------:----
Timothy C. May              | Crypto Anarchy: encryption, digital money,
tcmay@got.net  408-728-0152 | anonymous networks, digital pseudonyms, zero
W.A.S.T.E.: Corralitos, CA  | knowledge, reputations, information markets,
Licensed Ontologist         | black markets, collapse of governments.
"National borders aren't even speed bumps on the information superhighway."