[12102] in cryptography@c2.net mail archive
Re: DBCs now issued by DMT
daemon@ATHENA.MIT.EDU (R. A. Hettinga)
Sun Dec 8 13:21:20 2002
Date: Tue, 3 Dec 2002 19:55:46 -0500
To: Digital Bearer Settlement List <dbs@philodox.com>,
cryptography@wasabisystems.com, e$@vmeng.com, dcsb@ai.mit.edu,
<dgcchat@lists.goldmoney.com>,
"e-gold Discussion" <e-gold-list@talk.e-gold.com>
From: "R. A. Hettinga" <rah@shipwright.com>
--- begin forwarded text
Status: RO
Date: Tue, 3 Dec 2002 16:06:12 -0800
Subject: Re: DBCs now issued by DMT
From: Tim May <tcmay@got.net>
To: cypherpunks@lne.com
Sender: owner-cypherpunks@lne.com
On Tuesday, December 3, 2002, at 01:55 PM, Steve Schear wrote:
> Digital Monetary Trust now supports Digital Bearer Certificates.
> https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC
> are not blinded, DMT claims it maintains no client data on its
> accounts so there is a modicum of anonymity in transactions.
>
Well, on the Modified May Anonymity Scale, where "would take a billion
years to crack" is "good," and where "will require subverting 20
servers and cracking each's mapping" is "OK," this rates a "takes a
phone call," which makes it "not good."
"Trust us."
Boring. Thinking this is a step in the right direction is like thinking
building a tall tower is a step toward going to the moon.
--Tim May
"The only purpose for which power can be rightfully exercised over any
member of a civilized community, against his will, is to prevent harm
to others. His own good, either physical or moral, is not a sufficient
warrant." --John Stuart Mill
--- end forwarded text
--
-----------------
R. A. Hettinga <mailto: rah@ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
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'
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