-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 At 9:17 AM -0700 5/1/03, Tim May wrote:
The issue I raised, and that perhaps Steve is agreeing with partly, is that way too many people have had the "Hey kids, let's put on a _show_!" view of doing crypto and digital money startups.
Actually, we're talking about markets for digital goods, copies of bits that have been made already. Or digital services, selling opinions, or telesurgery, or whatever, and whether people would make new bits for free if there was a market for those bits already. The fact that you can sell them, means that you won't do them for free, was my point, made, what, 5 times now. That's just plain common sense, right? So, having attempted to make a point 5 times, I'm going to quit repeating myself. The proof will be data, after all, and we'll see that it means when and if we get some. Cheers, RAH -----BEGIN PGP SIGNATURE----- Version: PGP 8.0 - not licensed for commercial use: www.pgp.com iQA/AwUBPrFam8PxH8jf3ohaEQINKwCff0LcjGQ5WKpRnoV+Ab+PzXx+my0Ani9h TCGcB2aqXYi0XwTQNHxowwyr =wt2n -----END PGP SIGNATURE----- -- ----------------- R. A. Hettinga <mailto: rah@ibuc.com> The Internet Bearer Underwriting Corporation <http://www.ibuc.com/> 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'