
-----BEGIN PGP SIGNED MESSAGE----- True, for controversial political and artistic materials whose authors/distributors have an interest in disseminating. However, with neither a government to enforce contracts nor an identifiable location/identity that can be used for the private enforcement of, ahem, contracts, the barrier to entry for anonymous markets in real commercial products seems rather high. How are buyers and sellers to trust each other? How do you build reputation capital from zero? Once you have reputation, transaction costs should be pretty low, but building it? If what you're selling is a physical product, you're ultimately going to have a location. If what you're selling is information, how do you demonstrate the worth and trustworthiness of your data without distributing it? And once you have distributed it, what's to stop a "counterfeiter" from redistributing it, stealing your profits before you have had a chance to establish your reputation capital as the preferred source? I don't see anonymous digital cash as the tightest bottleneck. Distributed trust in an anonymous marketplace seems more difficult. - -rich -----BEGIN PGP SIGNATURE----- Version: 2.6.2 iQBVAwUBMhftl5NcNyVVy0jxAQFJNQH/XaNdrku42unvP56Dku+QhPwWged5Qbdw 9wLcrwuSbBLeJg0lgsjN33oXMTTQUWV7JtY8hEhh0zS7WuWcEi5S8A== =oiuA -----END PGP SIGNATURE-----