[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]
Re: Forgery, bills, and the Four Horsemen (Articles and Comment)
-----BEGIN PGP SIGNED MESSAGE-----
Lucky Green <[email protected]> wrote:
>
> This is unnecessary, since there is no "true" ecash. DigiCash's ecash in
> its current form, the only version David Chaum is willing to licenese, is
> fully traceable. Popular Cypherpunk's myths nonwithstanding.
>
> First, the recipient of funds is non-anonymous by design. Second, any payer
> can trivialy make the recipient of a ecash note known by revealing the
> blinding factor. For purposed of lawenforcement, DigiCash's ecash in no
> more secure than if the (insert horseman here) billed his fees to a credit
> card.
I'm sorry-- what do you mean by "the recipient of funds is non-anonymous"?
I cannot envision any centralized currency system in which a user's funds
were *not* known to the bank!
Secondly, there is a tremendous difference between a person being able to
identify you as the recipient of their money (which they can pretty much do
anyway, with less surety, just by saying "That's him! He's the one I gave
it to!") and a third party such as the bank or a government being able to
monitor all your transactions. For such an organization to perform that feat
on a DigiCash user they would need the cooperation of all of the people with
whom he exchanges currency, and if they have that, then cryptography seems
irrelevant. :-)
I hope I'm not missing anything here.
Regards,
Bryce
signatures follow:
+
public key on keyservers /. island Life in a chaos sea
or via finger 0x617c6db9 / [email protected]
---*
-----BEGIN PGP SIGNATURE-----
Version: 2.6.2
Comment: Auto-signed with Bryce's Auto-PGP v1.0beta3
iQCVAwUBMEz5/vWZSllhfG25AQEVsAQAo27grJhSgGV6iO2vIMILiBiib33/Z/73
Fzj5jgGVgqnlJ73UjHrInSas0p7wdKUf+PeLEtSc4xkMnOPvr3gsT34YAOvO6rcR
DsKwE7mnxK6hmxZl2UkUJ/dhZql5wbT2im27/RC+N2wgaGbahedpJfdjj+QPP06h
uEPTjvT7Yco=
=hDCy
-----END PGP SIGNATURE-----