Everyone knows that money is the life blood of politics. The topic of campaign finance reform in the U.S. has been on and off the front burner of the major media, for decades. Although the ability of citizens and corporations to support the candidates and parties of their choice can be a positive political force, the ability of political contributors to buy access and influence legislation is probably the major source of governmental corruption. Despite some, apparently, honest efforts at limiting these legal payoffs there has been little real progress. The challenge is to encourage "neutral" campaign contributions. Perhaps technology could lend a hand.

One of the features of Chaimian digital cash is unlinkability. Normally, this has been viewed from the perspective of the payer and payee not wishing to be linked to a transaction. But it also follows that that the payee can be prevented from learning the identity of the payee even if they wished. Since the final payee in politics is either the candidate or the party, this lack of knowledge could make it much more difficult for the money to be involved in influence peddling and quid pro quo back room deals.

By combining a mandated digital cash system for contributions, a cap on the size of each individual contribution (perhaps as small as $100), randomized delays (perhaps up to a few weeks) in the "posting" of each transaction to the account of the counter party, it could create mix conditions which would thwart the ability of contributors to easily convince candidates and parties that they were the source of particular funds and therefore entitled to special treatment.



A foolish Constitutional inconsistency is the hobgoblin of freedom, adored by judges and demagogue statesmen.
- Steve Schear

--------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to [EMAIL PROTECTED]

Reply via email to