17 Dec
2003
17 Dec
'03
11:17 p.m.
At 5:06 PM 8/1/95, David G. Koontz wrote: ....
One way would be to perform cooperative billing balances between nodes, and allow each node to 'bill upward'. This means that any two machines are more interested in their relative balance than how much money they are really spending. There are some interesting problems of trust and reliability, that might be solved through the use of digital money. .... Ideas like these are discussed in my "Digital Silk Road" paper which is now accessible as "http://www.webcom.com/~agorics/dsr.html". There may soon be a PostScript version available.
These are the ideas that I presented at a Cypherpunks meeting about a year ago.