From: jeffrey E. <jeevacation@gmail.com>
Sent: Saturday, April 2, 2016 12:39 PM
To: Larry Summers

always fun. 1 . carlyn macca=rey

Carlyn McCaffrey

Partner

<http://www.mwe.com/>

McDermott Will & Emery LLP=C24) 1 340 Madison Avenue I New York, NY 10173-1922 Tel +1212 547 5324 <tel:%2B1%C2%A0212%C2%A0547%C2%A05324> I Fax +1 212 5=7 5444 <tel:%2B1%C2%A0212%C2%A=547%C2V0A05444>

Biography <http://w=w.mwe.com/Carlyn-S-McCaffrey/> | Websit= <http:=/www.mwe.com> | vCard <http://www.dynasend.com=/ignatures/vcard/cmccaffrey-at-mwe.com.vcf> | E-mail | Twitter <https://=ww.twitter.com/McDermottLaw> | Linkedln <http://ww=.linkedin.com/company/mcdermott-will-&-emery> | =A0Blog <http://www.mwe.com/info/news/blogs.html>

lisa will like her, shes 70 = and wise.

Digital currency, I will try to=find first something to read. blockchain. 4>=A0 ledger, ( proof of work ) , is only for mining but like zer= knowledge proof, byzantine general etc. an encrypted me=hod of certification. . certification, trust. open ledge=s all could play a role.

might =e useful to think of certain U.S aid programs paid in digital curren=y form. as each " coin " is unique, the =ath it takes from donor to recipient to dictators bank account is ea=y to trace, while fungible in the whole, every coin , l=ke the current bills, has a serial number, however in the digital currency=case, one million dollars would be one million individual numbered d=llars. In fact the first use could be transparant charit= related stuff.