From: "William H. Geiger III" <whgiii@amaranth.com>
Date: Mon, 23 Jun 1997 07:04:24 +0800
To: cypherpunks@cyberpass.net
Subject: Re: Hettinga's e$yllogism
In-Reply-To: <199706222220.AAA26096@basement.replay.com>
Message-ID: <199706222256.RAA10176@mailhub.amaranth.com>
MIME-Version: 1.0
Content-Type: text/plain



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In <199706222220.AAA26096@basement.replay.com>, on 06/23/97 
   at 12:20 AM, nobody@REPLAY.COM (Anonymous) said:

>>  Digital Commerce *is* Financial Cryptography,
>>  Financial Cryptography *is* Strong Cryptography,
>>  therefore,
>>  Digital Commerce *is* Strong Cryptography.
>>  and, therefore,
>>  No Strong Cryptography, no Digital Commerce.

>Why can't escrowed ecash support digital commerce?  Strong crypto with a
>government backdoor.  That's what you're offered.  Prove it can't work.

Because no one with any sence is going to trust their finacial
transactions to third party access and minipulation.

Just think of that postal worker that threw away the mail because he was
too lazy to deliver it or the clerk at the DMV that makes you wait for
hours on end just to renew you DL. Do you really trust these people with
access to your $$$$?


- -- 
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William H. Geiger III  http://www.amaranth.com/~whgiii
Geiger Consulting    Cooking With Warp 4.0

Author of E-Secure - PGP Front End for MR/2 Ice
PGP & MR/2 the only way for secure e-mail.
OS/2 PGP 2.6.3a at: http://www.amaranth.com/~whgiii/pgpmr2.html                        
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