17 Dec
2003
17 Dec
'03
11:17 p.m.
Jim Miller says:
Michael V. Caprio Jr. asks:
So what is the natural currency to trade in on the Internet?
Instead of charging for information, charge for time. You lose control of the information you sell, but you never lose control of the time you sell. People with spare time could perform services in exchange for Tacky Tokens.
Currency needs to be fungible -- your time and my time and the time of a brain surgeon are not the same. Furthermore, I can't verify that you are actually giving me your time. It would be a nightmare. The natural currency today is the U.S. Dollar, as transfered via digicash. Perry