Szabo's works are brilliant, http://szabo.best.vwh.net/   etc.

They do contain a number of faulty foundations however,
For example this classic essay 1997, which I admit, probably
exceeds the sum total of my accomplishments,
http://www.firstmonday.dk/issues/issue2_9/szabo/index.html
.. has some tragically wrong things in it, such as..

"Reputation relies on intermediaries to convey information."

...anybody care to discuss that here?  (The empirical
evidence of past behavior is all over the place and does
not require intermediaries to observe.   One might
argue that persistence of facts in repositories are
necessary. But persistent facts need not be warehoused
by a service provider, let alone, an "intermediary" in
trade.

After all these millions of words the past 5 years one
grows weary of all the different protocols, semantics,
APIs, syntaxes, etc. and begins to wonder if it might
be a good business to simply buy a generic storage
device, install it in a concrete bunker in my backyard
form a trust in perpetuity or for a term, for its maintenance.
Vest control in some bigshots from churches and professional
sports etc. around the neighborhood, sign them up as trustees.
Call it, "A Facts Repository."

Obviously FileNet and other megabucks corporations
do this service for benefit of top-down corps. but there
are 2 problem; a corporation cannot serve the interest
of stakeholders, and corporations cannot anyways be
trusted (as Ian pointed out this week in DGC Chat.)
I submit, a corporation cannot have a "reputation"
within the same definition of the word as an Individual.
 A corporation cannot be hurt.  It can change policies,
or disappear, and all its employees disperse to their
next gigs.

It is not hard to imagine a framework for federation
with other persistent, timestamped facts repositories,
or standard semantics for durations, or levels of service
in facts storages.

Many businesses today are physically, nothing but a bit
repository (financial services, media, telecoms, etc.etc.
etc.)  I would argue that bit transport, itself, is not a
business model. The internet is a bit transport and
it is a lossmaking activity.   Jack RIckard's chronicles
of the economics of peering, in Boardwatch, 1997-98.

There is a broad process underway in which these
bit storages are collapsed, their custodians are denied
their previous excess rents, i.e. rents above costs
of physical storage.

The remaining services are costing us $hundreds
a month, all in.  We cannot even make a transaction
without paying for an obsolete financial services
industry with its millions of employees.

Who owns information in nature,  anyway?  When
the peacock spreads its feathers in nature, the model
erected in the mind of the observer is the observers'
property. The owner of the eye, owns the model.
When the individual pays for their instruments of
perception, transport, and bit storage, then, they
will be the owners of bits, by natural law,

Todd
the 1999 thing http://www.gldialtone.com/str.htm
the 2000 thing http://www.gldialtone.com/fbc.htm
the 2002 thing http://www.gldialtone.com/BackFenceLAN.htm

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