Re: The Privacy/Untraceability Sweet Spot

[jamesd]

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On 26 Aug 2001, at 10:46, Tim May wrote:
> Anyway, it is not easy to create a public company, a public
> nexus of attack, and then deploy systems which target that
> high-value sweet spot. The real bankers and the regulators
> won't allow such things into the official banking system. (Why
> do people think the banking system will embrace "digital bearer
> bonds" having untraceability features when true bearer bonds
> were eliminated years ago?)

I think the safest convenient path to development is to develop
untraceable cash in the US with restrictions on any large
transfers.  Then, once the technology is working, set up a
complete new company in a jurisdiction such as Nauru or Antigua
which allows bearer instruments of large value. 

    --digsig
         James A. Donald
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