> >I'll be the first to admit that my concept has gaping holes that > >have been identified by others in the myriad of times this has been > >proposed, and will present technical challenges far greater than > >anything handled on the Internet today, and that's before you get > >into how to change the Internet to support the required > >fully-trusted international transfer-of-payments system.
May I assume, Paul, that you have been involved in earlier studies of the concept? If so, are there records and proceedings of those studies that can be used to educate the less-informed as to the merits and challenges involved? History is replete with examples of 'insolvable' problems that have been solved once it was determined that the solution was desirable and necessary. Two questions: Could such a system be better than what we have today, and could such a system be better than arbitrary and quite probably ineffective rules imposed on us from outside? In other words, should be be searching for an improvement or just continue to watch things get worse? -- Mike Nolan
