Anonymous wrote:
>
> Recently I saw at comment on slashdot suggesting how to pay for MP3s. Suppose you
>know 100,000 people like a particular artist. If they all aggree to pay $1 upfront
>for the release of the next album then it is released. If the artist does their job -
>and keeps turning out good albums people will keep buying. Payment is based on
>reputation. It turns out that there is a site set up to do stuff like that -
>loudvoices.com.
> It looks like this could be used for any IP and most anything that government does -
>and could essentially replace the tax system. Immagine funding a space program this
>way !
>
> -------------------------------------------------------------
> Sent with AnonEmail at http://anonymouse.home.pages.de/
I believe this would be equivalent to a 1-level inverse recursive
auction market. Replace this with N-levels and you have an a fully
recursive auction market.
If it starts top-down then its a fully recursive auction market.
Robert Hettinga has been talking about this sort of thing for years
now.
jim
--
Sometimes it is said that man can not be trusted with the government of
himself. Can he, then, be trusted with the government of others? Or have we
found angels in the forms of kings to govern him? Let history answer this
question. -- Thomas Jefferson, 1st Inaugural
