e$: The greater fool theory of Digicash, quantified, roughly

[Robert Hettinga]

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Sender: e$@thumper.vmeng.com
Reply-To: Robert Hettinga <rah at shipwright.com>
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Date:  Fri, 6 Jun 1997 10:05:34 -0400
From: Robert Hettinga <rah at shipwright.com>
To: Multiple recipients of <e$@thumper.vmeng.com>
Subject:  Re: e$: The greater fool theory of Digicash, quantified, roughly

At 2:54 am -0400 on 6/6/97, somebody wrote:


> I don't think Chaum is in it for the money.  You say he has family money.
> This fact makes my contention more likely.

The paradox, of course, is that money is just a way of keeping score. :-).

If Chaum's aim was to make the blind signature patent as ubiquitous as
possible, he's failed just as miserably as if he were trying to make money
on it.

Cheers,
Bob Hettinga

-----------------
Robert Hettinga (rah at 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/


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-----------------
Robert Hettinga (rah at 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/