Saturday, November 18, 2017

Government warrants and pure cash, framing the issue

Pure cash comes with a secret overlay network used by cyber cops looking for sandbox violations.  It is accessible by private parties, in general, and used for validation and verification along pricing orbits, might be a correct term.

Cyber cops are a necessity, they maintain probability of fraud, a necessary transaction expense. But they have low priority in the queues, they are not allowed to congest.  Every secure elements is connected to the secret cybercop net.

The government encryption issue, then is easily framed. Can government issue a warrant that moves some class of cyber bots up in the queues for early looks?

My answer is no, not secretly. And if the answer is yes, the normal civil litigation has the same access.  If you must, then define a set of cyber entry points for litigators.

I would rather the Fed give its statistical guarantee against money laundry. Put the Fed in charge of keeping fraud limited to less than current, and within some range, as a likelihood measured. Make the Fed chief cybercop.

The Fed, in turn, simply demands that all transaction protocols be 'transaction limited' by proof.  Get the mathematicians on the ball doing forensic accounting algorithms. The better way to go.


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