From: Ken Williams <jkwilli2@unity.ncsu.edu>
Date: Wed, 25 Nov 1998 23:54:48 +0800
To: "Igor Chudov @ home" <ichudov@Algebra.COM>
Subject: Re: [ISN] Feds Want Banks to Spy on All Customers...Even You!  (fwd)
In-Reply-To: <199811251500.JAA10213@manifold.algebra.com>
Message-ID: <Pine.SOL.4.05.9811251008180.23085-100000@c00985-224wi.eos.ncsu.edu>
MIME-Version: 1.0
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On Wed, 25 Nov 1998, Igor Chudov @ home wrote:

>> Date: Wed, 25 Nov 1998 09:00:29 -0600 (CST)
>> From: "Igor Chudov @ home" <ichudov@Algebra.Com>
>> To: Ken Williams <jkwilli2@unity.ncsu.edu>
>> Cc: cypherpunks@toad.com
>> Subject: Re: [ISN] Feds Want Banks to Spy on All Customers...Even You!  
    (fwd)
>> 
>> Ken Williams wrote:
>> > 
>> > 
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>> > 
>> > 
>> > Good thing I keep all my money in a steel case buried somewhere
>> > along the Appalachian trail.  No bank accounts, no credit cards.
>> 
>> That may be good, but your decision is not costless. You are losing
>> all the interest that could accrue on the money and it is constantly
>> diminished by inflation.
>> 
>> Is it worth it? It's your call, but I do not see what you do as something
>> that is unquestionably wise.
>> 
>> igor

Hi,

Actually, the interest that would be earned through savings accounts
and/or any other bank-related investments is insignificant when 
compared to returns on business investments that can be made without
the interference of the banks and government agencies. 

FYI, I was kidding about the money in the steel case on the App Trail, 
but I really do not have any bank accounts or credit cards.  I have
yet to find an honest banker/bank that can be trusted.

Ken

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