On Tue, Jun 12, 2012 at 3:08 AM, James A. Donald <jamesd@echeque.com> wrote:

Price discovery, when done by human agents, is expensive. The stock exchange and its traders have a lot of overheads.

One explanation for the failure of Mojo Nation was that people would not take the time to do price discovery for micro transactions.

I agree. That is why price discovery should be automated by software agents. _______________________________________________ tahoe-dev mailing list tahoe-dev@tahoe-lafs.org https://tahoe-lafs.org/cgi-bin/mailman/listinfo/tahoe-dev ----- End forwarded message ----- -- Eugen* Leitl <a href="http://leitl.org">leitl</a> http://leitl.org ______________________________________________________________ ICBM: 48.07100, 11.36820 http://www.ativel.com http://postbiota.org 8B29F6BE: 099D 78BA 2FD3 B014 B08A 7779 75B0 2443 8B29 F6BE