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RE: Re: extortion via digital cash
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>From: azur
>Subject: Re: extortion via digital cash
>Date: Tuesday, October 15, 1996 2:18PM
>
<SNIP>
>Although Digicash's ecash offers anonymity to the payor it does not to the
>payee. The reasons have to do with the way coins are blinded. So LE
>could, with the bank's cooperation, easily associate the two sides of a
>transaction. This was intentional on Chaum's part, either for moral or
>practical political considerations. Its probably only a relatively minor
>patch to allow one ecash purse (the kidnapper's) to generate the blind
>token values so that another (similarly patched) purse (the vicitim's) can
>submit them to the mint and return the minted coins to the kidnapper (e.g.,
>by posting on a popular Usenet group). In this scenario the only
>reasonable way left to track the money is via linkage (the size and timing
>of deposits and withdrawls in the kidnapper's account).
I would tend to think that if you held on to the money long enough, you
would
thwart them tracking it via linkage-especially once it becomes more
commonplace
to do electronic transactions on the Net. Actually, if you wait long
enough, you
likely will run the risk of there being a crackdown on nym servers,
remailers, etc, and
maybe even specialy designed cancel-bots on usenet.
/sb