[OSX-Users] Re: syncing home mac cal with work via ipod?

[mc schraefel]

ok this is way off topic,
but just as a final point of information

anonymous cash and digital cash wallets were largely imagined for
cash/wallet transactions; small denominations. 
there's history here.
using laundering and high denominations misses the value of nickel and dime
interactions (or whatever the current simulacrum for cash on hand
transactions are) to say nothing of even more logging by banks of what
people do.

ok moving on.

mc

On Thu, 20 Jan 2011 16:26:15 +0000, Nick Gibbins <nmg at ecs.soton.ac.uk>
wrote:
> On 20 Jan 2011, at 15:58, mc schraefel wrote:
> 
>> On Thu, 20 Jan 2011 12:37:21 +0000, Nick Gibbins <nmg at ecs.soton.ac.uk>
>> wrote:
>>> On 20 Jan 2011, at 12:25, mc schraefel wrote:
>>> 
>>>> whatever happened to anonymous ecash?
>>> 
>>> Killed due to entirely reasonable concerns about money laundering.
>> 
>> failure of imagination, that, don't you think?
>> 
>> we have anonymous cash now. why not a digital version? 
>> 
>> if it's hard isn't that research?
> 
> Yes, we have anonymous cash, but there are already concerns that some 
> banknotes (the EUR500 note, for example) are too large for legitimate
use.
> If you want to ship around large amounts of untraceable money, high 
> denomination notes are ideal. EUR1M in EUR500 notes will fit in a handbag

> (about 3 litres in volume) and weigh 2.2kg. EUR1M in EUR20 notes will 
> fill a largish rucksack (almost 60 litres in volume) and weigh 40kg. 
> 
> Recent SOCA estimates are that 90% of the EUR5000 notes in circulation 
> in the UK are in the hands of organised crime. Consequently, the EUR500 
> notes have been withdrawn from sale in the UK. A similar situation
existed 
> with the CDN1000 note before it was withdrawn at the request of RCMP in 
> 2000.
> 
> Anonymous digital currency suffers from the same problem but to a greater

> extent - digital cash has zero bulk, and so few impediments to its
illicit 
> use for money laundering - unless you deliberately hobble it by limiting
> transaction size and/or frequency.
> 
> There is a separate (but related) issue on the effect of high
denomination 
> banknotes on tax evasion that also applies to anonymous digital cash, but

> that's another argument.