Making Money in Digital Money

zem zem at vigilant.tv
Wed Apr 30 21:09:59 PDT 2003


> So Bob either redistributes the decrypted bits, or cruises through
> the analog hole.  Game over.  All your Valentis are belong to us.

Point is Bob can't redistribute the file with Alice's approval rating
still intact.  And it's the approval rating that people are paying her
for, not the content.  Bob can't redistribute the profitable part, only
the worthless part.


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