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More from Eric Hughes
Cryptography will ineluctably spread over the whole globe, and with
it the anonymous transactions systems that it makes possible. For
privacy to be widespread it must be part of a social contract. People
must come and together deploy these systems for the common good. Privacy
only extends so far as the cooperation of one's fellows in society.
- 1993
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Cypherpunks will make the networks safe for privacy. - 1993
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We must defend our own privacy if we expect to have any. We must
come together and create systems which allow anonymous
transactions to take place. People have been defending their own
privacy for centuries with whispers, darkness, envelopes, closed doors,
secret handshakes and couriers. The technologies of the past did not
allow for strong privacy, but electronic technologies do ... We don't
much care if you approve of the software we write. We know that
software can't be destroyed and that a widely dispersed system can't
be shut down. - 1993
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You could join a collective to purchase some information and decrease
your actual cost by orders of magnitude - that is, until it is almost free.
[A digital co-op could form a private online library and collectively
purchase digital movies, albums, software, and expensive newsletters,
which they would "lend" to each other over the Net] ... increasing the
margins where the poor can survive. - 1994
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How large can the flow of money on the nets get before the
government requires reporting of every small transaction? Because if
the flows can get large enough, past some threshold, then there might
be enough aggregate money to provide an economic incentive for
transnational service to issue money, and it wouldn't matter what one
government does ... It might also be the case that anonymous money
will be the only kind of money. - 1994
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