Early on, Mark Grant identified the impending struggle with law enforcement and national sovereignty over the issue of anonymous digital cash. Grant states:
"It seems likely that many governments will be reluctant to relax their banking regulations to allow the use of anonymous digital cash rather than credit cards and checks or fully tracked electronic payment systems. The primary reason for this is the supposed value of digital cash to the 'Four Horsemen of the Infocalypse': drug dealers, terrorists, money launderers and child pornographers. While it is true that there is some value to them, will banning the use of digital cash harm them more than legitimate users?"Mark Grant has a Master's Degree in Physics from Oxford and he is the author of Privtool, a free PGP-aware mail program for Sun workstations.