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Status: RO Date: Tue, 3 Dec 2002 16:06:12 -0800 Subject: Re: DBCs now issued by DMT From: Tim May <[EMAIL PROTECTED]> To: [EMAIL PROTECTED] Sender: [EMAIL PROTECTED] 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: [EMAIL PROTECTED]> 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' --------------------------------------------------------------------- The Cryptography Mailing List Unsubscribe by sending "unsubscribe cryptography" to [EMAIL PROTECTED]