Making Money in Digital Money

[R. A. Hettinga]

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At 9:17 AM -0700 5/1/03, Tim May wrote:
>The issue I 
>raised, and that perhaps Steve is agreeing with partly, is that way
>too  many people have had the "Hey kids, let's put on a _show_!"
>view of  doing crypto and digital money startups.

Actually, we're talking about markets for digital goods, copies of
bits that have been made already. Or digital services, selling
opinions, or telesurgery, or whatever, and whether people would make
new bits for free if there was a market for those bits already.

The fact that you can sell them, means that you won't do them for
free, was my point, made, what, 5 times now.

That's just plain common sense, right?

So, having attempted to make a point 5 times, I'm going to quit
repeating myself.

The proof will be data, after all, and we'll see that it means when
and if we get some.

Cheers,
RAH

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-- 
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R. A. Hettinga <mailto: rah at ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
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'