Monday, May 27, 2019

We see the circular problem with personal cryptography

The Baltimore data hacked and secured by thieves using technology stolen from the NSA which make it illegal for Baltimore officials to own.

It is time for sandbox and NSA to come to an agreement.  Sandbox offers some fundamentals guarantees to limit our transactions to cash with enforced contractual limits. This equalizes the technology between cops and thieves, as before.  Sandbox wants to be neutral in this conflict, neutral money transactions when the law requires.

The Baltimore is similar tech to smart card, the power to encrypt and decrypt is limited to few Baltimore officials who have the biometric plastic card containing that technology. And change is traceable, the card counterfeit proofed.  NSA can actually mandate that for government officials, today, and government officials have equivalent or same technology today.  Sandbox needs to make a Coasian bargain, get this tech into the hands of everyone, with built in limits we can all price properly.

We can limit smart card risk to $20 of internal bearer asset, by contract. Any exception goes through Law. Sandbox can agree to that, if it is time limited and up for renewal. That simple risk solved the massive internet congestion due to adds, the act of tossing pennies haze zero cost in fee or effort, it is a mouse click. Yet, there is no terrorism funding with that, so let Law expand the limit as they see fit, or set the contract terms on those limits. We are wasting time fightng Law here.

Building sand box with a small cash limit simply involves making the $20 down now , and bank exchange later. In other words, third party edger calls will come in step two, immediately after step on in the purchase contact, enforceable. So we still maintain a multiplier n cash with higher transaction fees to ledger services. In other words, get a contract with the NSA ASAP allowing personal cryptography of some sort.


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