Following up my own post:
Solving the problem of secure cash is a superset of solving the problem
of providing reasonably usable secure communications. The cash
encryption is useless without a solution to communication problem.

Security communications being defined not as reliably and privately
communicating with a true name, but reliably and privately communicating
with a nym - solving the "chat to possessor of private key" problem, not
the "bind private key to true name" problem.

Zooko's triangle describes a manageable user interface for the "chat to
possessor of private key" problem.


Obviously, for anonymous payment, you do *not* want the binding to true names that both TLS and the web of trust attempt to provide. This, however, leaves you with the UI problem of what to use in place of true names, hence Zooko's triangle.

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