From: Robert Hettinga <rah@shipwright.com>
Date: Fri, 4 Jul 1997 21:44:20 +0800
To: cypherpunks@toad.com
Subject: SET and dual use
Message-ID: <v03020902afe295759594@[139.167.130.247]>
MIME-Version: 1.0
Content-Type: text/plain




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Sender: e$@thumper.vmeng.com
Reply-To: ptharrison <ptharrison@delphi.com>
MIME-version: 1.0
Precedence: Bulk
Date:  Thu, 03 Jul 1997 23:01:00 -0400
From: ptharrison <ptharrison@delphi.com>
To: Multiple recipients of <e$@thumper.vmeng.com>
Subject:  SET and dual use

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The Worldwide Conspiracy of International Bankers is now engaged
in an unprecedented attack on the Nation State.  Last month, a
so-called consortium of very large banks and their lackies the
branded credit card companies issued a detailed plan to put
strong cryptography into the hands of every statistically
creditworthy human being on the planet.  In issuing the Secure
Electronic Transaction (SET) protocol, this cabal of
transnational, stateless seekers of interest income and
acquisition discounts have detailed a plan by which every
merchant which accepts credit cards, every institution which
issues them, and incredibly every individual who posesses them
would be able to register and share public keys.  Going far
beyond the puny efforts of the "cypherpunks" who established
primitive pretty good privacy key servers and built a web of
trust over the past several years, the International Banking
Conspiracy is attempting to set up a gargantuan web of
certificate authorities to support individuals and corporations
in the publication of their cryptographic identities.

The unpatriotic stools of this conspiracy within our own US
government are expected to legitimize this unholy plan by
permitting the wholesale export of SET-related products under
the guise that SET is purely a financial transaction processing
system.  However, over time it will become clear that this was
the beginning of the end.

The SET co-conspirators have made it abundantly clear in their
specification that the financial security and viability of their
entire initiative relies on the absolute privacy of each
individual's personal keys.  This explicit rejection of the
sharing of keys effectively rules out key escrow schemes for
SET.

After an unprecedented global training excercise, in which the
Banking Conspiracy will inculcate the imperative that private
keys must NEVER be shared with anyone (or else your credit cards
will be cancelled or your merchant status revoked), and after
worldwide rollout of products intended to allow secret
communications over any network connection including the
backbone internet, the public telephone system, radio channels,
through corporate and national firewalls, and even by "carrier
pigeon" the "consortium" will exend the SET protocol to allow
the sending of so-called EDI messages (communications which can
be effectively on any topic between any two parties)
over the established global secret network.  An age of secure
private communications will be ushered in.

And then...separate SET-protocol webs will be established where
the "CAs", "merchants" and "cardholders" are simply pseudonyms
for...revolutionary forces intent on trafficing in guns,
laundering money and replacing world governments with child
pornographers, drugs lords and terrorists.  Seemingly innocent
browser software installed everywhere will become the tool of
evildoers to invisibly conduct their own global conspiracies.
Only then, too late, will the Banking Conspiracy realize that
they no longer control the planet and that in true Hegelian
fashion their great idea contained the seeds of its own
destruction.

Don't say I didn't warn you!
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-----------------
Robert Hettinga (rah@shipwright.com), Philodox
e$, 44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
The e$ Home Page: http://www.shipwright.com/