At 6:40 PM +1200 on 5/13/02, Peter Gutmann wrote:

> Phew, at least I'm not the only one who's been thinking that (I grumbled
>to one
> of the organisers a while back that they ought to rename it BermudaCrypt

I guess the kicker for me came in Cayman, when they took an hour and a half
session before lunch *and* extended it over for two hours, including lunch,
talking about voting and the "theft" of the Florida election, and didn't
say the "e" word (equity) once in that whole time, until I brought it to
their attention in Q&A.

Notice that with equity, you *want* to sell your vote, you don't *care* who
you sell it to, and you don't *need* any credentials to vote except, say, a
Chaumian bearer certificate as proof you own that many shares, and
certainly not any of that "is a person" cruft required for political voting
schemes which had so many of the World's Best Cryptographers on that
panel's panties in such a bunch...


Financial cryptography is not political cryptography, boys and girls, and,
like I say all too much, financial crypto is the only crypto that matters.

(Just to fan the flames a little higher, I define "political cryptography"
as that crypto designed to be used for, or against, nation states, and
financial crypto as, for the most part, everything else. I would claim that
as more money moves to the net for transmission, for transaction execution,
and asset storage, political crypto will begin to look more and more like
"kid-sister" crypto compared to that used in finance. Eventually, as Diffie
almost said once :-), "Infowar" will be fought between businesses, and not
nations.)

Cheers,
RAH
Who couldn't afford to go this year. :-).

-- 
-----------------
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'

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