Tim May wrote:
>Hey, I have real problems figuring out how ZKS ever makes money by
>collecting only $50, if they get even that, for customers for life.
It's $50 per year...or you're assuming customers cancel after the first year?
Don't rule out ZKS offering other services in the future, such as a digital
wallet to go with each nym. They could get a piece of each transaction.
I was daydreaming about this the other day in fact (perhaps it was the
fever-induced delirium due to a bad cold). Imagine bartering your services
through elance.com using one of your nyms. You then get paid with digital cash
to your nym's wallet. (Perhaps ZKS offers an exchange service to convert
meatspace to nymspace money during the bootstrap phase). Let's say ZKS also
strikes a deal with Amazon.com to accept nym money. Hell, if Bezos has his way,
you'll then be able to buy anything imaginable with your nym money. The only
problem you'll have is how to explain to the Feds how you're paying for all
these goodies arriving at your doorstep.
I think there is a sizable percentage of the world's population that would
willingly remove the greedy hand of government from financial transactions if
they could be convinced that there would be no way of getting caught. Once you
got to a certain critical mass, then the government would be forced to change
its ways (by collecting revenues through service fees rather than taxes, for
example).
These concepts have been discussed in cypherpunk circles for over a decade of
course, but the exciting part about what's going on today is that it's not too
much of a leap of faith to imagine it actually happening, with existing internet
companies, and soon.
--PH
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