From http://www.securityfocus.com/columnists/324:
Should we use crypto to stop the spam problem ?Counterpane use our anti-spam service so this is a nice endorsement.
Spam is not a problem that cryptography can solve. And I think we're doing well solving the spam problem; it's one of computer security's success stories. The current crop of anti-spam products and services are great; I hardly get any spam.