This is the stuff that Dean Tribble and I talked about at a couple of Saturday Cypherpunk meetings in Calif. While it has nothing directly to do with crypto it is an architecture that avoids central control and thus has an anarchical flavor. Let me know if you can't use either RTF or PostScript or cant do FTP. Abstract: of The Digital Silk Road Existing and proposed mechanisms for digital money all require large overhead to transfer money between parties. This overhead makes them unsuitable for extremely low cost activities such as delivering and routing packets. We propose a money system with extremely low transaction cost built into the communication protocols. The money introduced by this system is much more like coins than like bank accounts; it supports only small transactions, requires limited trust among the participants, and requires no central bank. With this as a foundation, we then describe elements of an open system that fully supports network resource management, routing, interconnection with the Internet, and so forth, across trust boundaries with competing providers for all services. This supports a style of informal information commerce. This paper is available thru anonymous ftp at netcom.com:pub/joule/DSR1.ps.gz and DSR1.rtf.gz. The file format, .rtf, (Rich Text Fotmat) can be read by many different word processors including those from Microsoft, MacWrite II, and some Unix systems. I will produce other formats with a bit of pressure.