17 Dec
2003
17 Dec
'03
11:17 p.m.
Phillip Hallam-Baker Sent: Thursday, November 05, 1998 6:08 PM Subject: RE: Digicash bankruptcy
...
Finaly I have difficulty regarding Digicash as being all that socially responsible. Chaum's problems had a lot to do with the business terms he insisted on. What he had was a technology which allowed an improvement to a payment system. He imagined he had a monopoly on the only feasible solution. He was very baddly mistaken. The monopoly rents he demanded were more than the market was willing to pay for a working and deployed system - let alone for a patent license.
Where does the "monopoly rents" comment come from? In other words, on what basis are you making that statement? Scott