At 9:27 AM -0400 10/20/00, Declan McCullagh wrote:
My employer is running a deal right now in which we can wrap our car in ads in exchange for X shares of stock, strike price current price of the shares. Even if there's a modest $Y increase in share value, X*Y will amount to many times the cost of most cars.
Imagine the repercussions of a tobacco company doing this... (In America, for you non-Americans, many forms of speech are forbidden. Speech which adovactes cigarette smoking is illegal in many contexts. Likewise for many other examples.) I just noticed that a Las Vegas casino operator, Harrah's, has "voluntarily agreed" to restrict its advertising so that children and "those with gambling disorders" will not be exposed to the advertising. Hmmmhhh. [My take on this is that the state is exerting continuous pressure on many market actors.] --Tim May -- ---------:---------:---------:---------:---------:---------:---------:---- Timothy C. May | Crypto Anarchy: encryption, digital money, ComSec 3DES: 831-728-0152 | anonymous networks, digital pseudonyms, zero W.A.S.T.E.: Corralitos, CA | knowledge, reputations, information markets, "Cyphernomicon" | black markets, collapse of governments.