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Re: Learning the rules

daemon@ATHENA.MIT.EDU (Dan Geer)
Fri Jan 25 00:48:07 2002

Message-Id: <200201250504.AAA09043@world.std.com>
To: "R. A. Hettinga" <rah@shipwright.com>
Cc: Digital Bearer Settlement List <dbs@philodox.com>,
	dcsb@ai.mit.edu, cryptography@wasabisystems.com
In-reply-to: Your message of "Thu, 24 Jan 2002 15:11:15 EST."
             <p05100344b8761aa7c7a4@[10.0.1.12]> 
Date: Fri, 25 Jan 2002 00:04:04 -0500
From: Dan Geer <geer@world.std.com>


>   ...
>   They begin with swashbuckling independence: new players spring up,
>   operating in a sort of new frontier, unconstrained by governments.
>   But, once a technology acquires commercial importance, rules and
>   standards emerge. Why? Because, argues Ms Spar, the industry's most
>   successful companies want them.
>   ...


Or, simply, fortunes made by risk should not again be exposed to it.

--dan




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