Making Money in Digital Money

[Bill Frantz]

At 9:00 PM -0700 4/28/03, R. A. Hettinga wrote:
>So, how do you do this? Easy. For software, the first copy is
>auctioned for cash. Then the second copy, wherever it is on the
>network, is auctioned for cash, and so on, until nobody's buying any
>more copies, across the whole network. This is the oldest model of
>trade there ever was. It's how red ochre from Maine ended up in
>Neolithic tombs in Ireland. It's how Homo Habilis traded raw rocks
>for finished hand axes across hundreds of miles of African savanna.
>The Agorics guys called it the "digital silk road" for obvious
>reasons.

This view of the Digital Silk Road is quite different from the one
described in the paper, "The Digital Silk Road" by Norman Hardy and Eric
Dean Tribble <http://www.agorics.com/Library/dsr.html>.  However, Robert
will enjoy the section, "No Junk Mail!".

Cheers - Bill


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