From: Robert Hettinga <rah@shipwright.com>
Date: Mon, 4 Nov 1996 08:04:17 -0800 (PST)
To: cypherpunks@toad.com
Subject: ClipperFUD: tracking smart cards
Message-ID: <v03007810aea3ae2ba71e@[206.119.69.46]>
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X-Sender: oldbear@tiac.net
Date: Mon, 04 Nov 1996 00:20:34 -0500
To: Digital Commerce Society of Boston <dcsb@ai.mit.edu>
From: The Old Bear <oldbear@arctos.com>
Subject: tracking smart cards
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Reply-To: The Old Bear <oldbear@arctos.com>

TRACKING SMART CASH

A senior Justice Department official has urged makers of smart
carts to include a mechanism for tracking transactions over a
certain dollar amount.

Assistant Attorney General Robert Litt also called for "sensible
limits" on how much value can be stored or transferred on a
single card or PC.  The government hopes it can work with industry
without stifling smart card development, and without compromising
individual rights.

"We don't want to dictate how these features are designed, but
there are certain reasonable parameters that industry should build
into their systems," says Litt.

source: BNA Daily Report for Executives
        29 Oct 96
        page A24


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-----------------
Robert Hettinga (rah@shipwright.com)
e$, 44 Farquhar Street, Boston, MA 02131 USA
"The cost of anything is the foregone alternative" -- Walter Johnson
The e$ Home Page: http://www.vmeng.com/rah/