The problem with Dick Smith's Prize is that it is being offered to the
independent tester. On its face it seeks to compromise the independence and
credibility of the tester. Nothing could be dumber. In addition the reason
to establish a prize is to stimulate investment in an attempt to break a
technological barrier, in that regard prizes are really effective. The
Orteig prize won by Lindbergh was only $25,000 but generated investment of
over $400,000. Smith's prize which is not paid to the LENR
researcher/inventor does not even create this stimulus.
Ransom
----- Original Message -----
From: "Jarold McWilliams" <[email protected]>
To: <[email protected]>
Sent: Thursday, March 01, 2012 10:39 AM
Subject: Re: [Vo]:DGT's 1st test did not test power, just safety (NyTeknik)
It depends on what he loses it for. Why do milliionaires give a million
dollars to charities? It would be a much better use of money to spend it on
proving cold fusion is real. I think Dick Smith's offer is genuine, and he
won't try to back out of paying the million dollars if it is proven. I do
think he is kind of stupid with the protocols he was expecting Defkalion to
make though.
On Mar 1, 2012, at 10:32 AM, Terry Blanton wrote:
On Thu, Mar 1, 2012 at 10:56 AM, Jarold McWilliams <[email protected]>
wrote:
If cold fusion is real, Dick Smith immediately makes millions of dollars,
so
I don't think he would care much about losing a million.
It's been my experience that people with millions of dollars do care
about losing a million dollars.
T
