[3181] in cryptography@c2.net mail archive
Re: An Essay on Freedom, Anonymity & Financial
daemon@ATHENA.MIT.EDU (Damien Miller)
Mon Aug 10 15:13:37 1998
Date: Mon, 10 Aug 1998 22:39:43 +1000 (EST)
From: Damien Miller <dmiller@ilogic.com.au>
To: Dianelos Georgoudis <dianelos@tecapro.com>
cc: cryptography@c2.net
In-Reply-To: <199808100432.XAA01139@tecaprocorp.com>
On Sun, 9 Aug 1998, Dianelos Georgoudis wrote:
> I was only talking about a new form of money. I don't quite see
> why this means that everyone's activities will always be tracked.
> Very few of my own activities are financial transactions.
>
> If we agree that most crime is about money, then traceable money
> will result in a more secure society where state surveillance is
> less needed and therefore more difficult to justify. Police would
> become more efficient. Government corruption would largely
> disappear because bribery would become a complicated matter.
I doubt it. Instead of paying you in crypto-cash I now pay you in gold,
cocaine, slaves, etc.
This does make things less convienient, but is really no greater burden
than the bribers enjoy now.
Of course you could trace the transactions as far as me converting my
putative crypto-cash into material goods, but if you decide to start
policing beyond this boundary you open youself up to the same abuses of
power that are being talked about elsewhere in this thread.
Basically for this system to work, it must be the only form of currency
around. hmmm - this sounds kinda familiar :)
Regards,
Damien
| Damien Miller -
| Email: dmiller@ilogic.com.au (home) or damien@ibs.com.au (work)
| WWW: http://www.ilogic.com.au/~dmiller/
