EFTA02400658

From: Vincenzo lozzo < > Sent: Wednesday, August 27, 2014 10:28 PM To: jeffrey E. Cc: Joichi Ito Subject: 'hedging' the food stamp currency on the bitcoin bet so an alternative to implement a new standalone thing (with maybe =k-SNARKs) for the food stamps, we can build on top of bitcoin using =heir scripting language and the multi sign 'feature'. Where essentially we can say that the coins given =o certain users (food stamp holders) can only be spent if a third-party =ntity authorizes the transaction, this would allow us/the govt to =ontrol how coins are spent. There's some extra machinery there to do once the =oin leaves the hands of the food stamp holder, but it should work The hedging part is that we can most likely build both options and if =itcoin ends up winning we go there, otherwise we take the other path <?xml version=.0" encoding=TF-8"?> <!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/Propertylist-1.0.dtd"> <plist version=.0"> <dict> <key>date-last-viewed</key> <real>0.0</real> <key>date-received</key> <real>1409178490</real> <key>flags</key> <integer>8590195713</integer> <key>gmail-label-ids</key> <array> <integer>5</integer> <integer>18</integer> </array> <key>original-mailbox</key> <string>imap://jeevacation@imap.gmail.com/%5BGmail%5D/All%20Mail</string> <key>remote-id</key> <string>434977</string> </dict> </plist> EFTA_R1_01436285 EFTA02400658