I think you are assuming things about rational economic behavior when
a money system is subject to high deflation.
Consider during periods of high inflation people don't like holding
money, as it devalues too fast. They will hold interest bearing
deposits instead.
During periods of high
From: Adam Back [EMAIL PROTECTED]
Consider during periods of high inflation people don't like holding
money, as it devalues too fast. They will hold interest bearing
deposits instead.
Agreed.
During periods of high deflation, they will hold cash if it is the
most attractive investment.
On Fri, 12 Apr 2002, Bill Stewart wrote:
Most of the telco business runs on 48V DC, and much of the
off-the-grid solar energy electric applications run fine on 12V DC.
Problem with high current and low voltage is that ohmic losses are
unacceptably high if you want to transport it more than a
A. Melon wrote:
Tim May [EMAIL PROTECTED] wrote:
On Thursday, April 11, 2002, at 06:59 AM, Mike Rosing wrote:
But the reason we have AC today is because Tesla requested no
royalties on his motor/generator. Something for Brands to think
about.
No, we have AC because AC works
At 01:14 AM 4/12/2002 +1000, Julian Assange wrote:
Patent's aren't the problem - price of royalty is. If Brands is willing
No Patents are a problem. The total future cost, including the
costs of all license negotiations and compliance burdens are
unpredictable and consequently do not make a
[Digital Bearer Settlement [EMAIL PROTECTED] address removed.]
On Thursday, April 11, 2002, at 06:37 AM, Adam Back wrote:
New thread about deployment barriers to explore the topic of whether
there are now more internet services and technologies that would allow
us to get closer to
On Thursday, April 11, 2002, at 06:59 AM, Mike Rosing wrote:
On Thu, 11 Apr 2002, Adam Back wrote:
Well I also am pretty anti-patent, especially the xor-cursor and
business process kind, but at least these ecash patents are not
frivolous patents (well Chaum's RSA blinding online scheme may
New thread about deployment barriers to explore the topic of whether
there are now more internet services and technologies that would allow
us to get closer to deployment of ecash. (It would be about time
you'd think).
On Thu, Apr 11, 2002 at 08:30:07AM +0200, Anonymous wrote:
[...]
Of course
On Thu, 11 Apr 2002, Adam Back wrote:
Well I also am pretty anti-patent, especially the xor-cursor and
business process kind, but at least these ecash patents are not
frivolous patents (well Chaum's RSA blinding online scheme may look
pretty simple once you've seen it but Brands stuff is
On Thu, Apr 11, 2002 at 02:37:50PM +0100, Adam Back wrote:
| - deployment / chicken and egg problem (merchants want lots of users
| before they're interested users want wide merchant acceptance before
| their interested)
I think its worse than that. The normal technology adoption curve is
that
Tim May [EMAIL PROTECTED] wrote:
On Thursday, April 11, 2002, at 06:59 AM, Mike Rosing wrote:
But the reason we have AC today is because Tesla requested no
royalties on his motor/generator. Something for Brands to think
about.
No, we have AC because AC works better than DC in home
On 11 Apr 2002 at 12:48, A. Melon wrote:
Tim May [EMAIL PROTECTED] wrote:
On Thursday, April 11, 2002, at 06:59 AM, Mike Rosing wrote:
But the reason we have AC today is because Tesla requested no
royalties on his motor/generator. Something for Brands to think
about.
No, we
At 10:57 AM 4/11/2002 -0400, Adam Shostack wrote:
Thus, ecash deployment is a 3 party problem, where most new
technologies that succeed are not.
Actually, it is worse than this.
Credit cards are a four party transaction. Mostly for historical reasons, but
still, the customer's card is
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