--- begin forwarded text Sender: e$@thumper.vmeng.com Reply-To: Robert Hettinga <rah@shipwright.com> Mime-Version: 1.0 Precedence: Bulk Date: Wed, 16 Jul 1997 08:40:50 -0400 From: Robert Hettinga <rah@shipwright.com> To: Multiple recipients of <e$@thumper.vmeng.com> Subject: Gee, *this* sounds familiar... (Was Re: ICONOCAST 15-Jul-97) Microsoft and Cisco have discovered Micromoney Mitochondria, it seems... Wanna bet the "physicist" is probably Mhyrvold? Too bad they don't understand the distinction between book-entries and bearer certificates... Cheers, Bob Hettinga At 11:31 am -0400 on 7/15/97, Michael Tchong wrote:

I C O N O C A S T b y M i c h a e l T c h o n g -- more concentrated than the leading brand -- 15-Jul-97

<snip>

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ THE JACOBYTE ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ The French will never forget la Bastille. But Netizens seem to have forgotten Jaco. To prevent Jaco from breaking a long streak of insouciance and going on strike, French-style, send a juicy "petit truc" to jaco@iconocast.com.

<snip>

<*> The Jacobyte also received a hot tip from a physicist. You know the type who does 20 quantum-mechanics push ups before breakfast. What caught the eye of this keen observer was the Microsoft-Cisco announcement. How's this for a scenario: Bill gets his software into all Cisco routers, then proposes a modification to the Internet packet format.

All packets must now have a credit-card number in the header, so Microsoft can charge a packet switch fee at each router! Talk about 'transaction pricing.' A typical e-mail is broken into several packets and each one makes 10-15 hops. Let's do the arithmetic for a typical day: 100 billion packets times 10 hops per packet times $0.001 router fee at each hop equals $1 billion *per day*.

That's not chump change...even for the $36-billion man!

----------------- Robert Hettinga (rah@shipwright.com), Philodox e$, 44 Farquhar Street, Boston, MA 02131 USA "... however it may deserve respect for its usefulness and antiquity, [predicting the end of the world] has not been found agreeable to experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire' The e$ Home Page: http://www.shipwright.com/ ---------- The e$ lists are brought to you by: Intertrader Ltd: "Digital Money Online" <http://www.intertrader.com/library/DigitalMoneyOnline> Where people, networks and money come together: Consult Hyperion http://www.hyperion.co.uk info@hyperion.co.uk Like e$? Help pay for it! <http://www.shipwright.com/beg.html> For e$/e$pam sponsorship, mail Bob: <mailto:rah@shipwright.com> Thanks to the e$ e$lves: Of Counsel: Vinnie Moscaritolo <mailto:vinnie@webstuff.apple.com> (Majordomo)^2: Rachel Willmer<mailto:rachel@intertrader.com> Commermeister: Anthony Templer <mailto:anthony@atanda.com> Interturge: Rodney Thayer <mailto:rodney@sabletech.com> --- end forwarded text ----------------- Robert Hettinga (rah@shipwright.com), Philodox e$, 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' The e$ Home Page: http://www.shipwright.com/