[12173] in cryptography@c2.net mail archive
Re: Micropayments, redux
daemon@ATHENA.MIT.EDU (R. A. Hettinga)
Mon Dec 16 19:57:24 2002
In-Reply-To: <200212170023.gBH0NNg17628@gungnir.fnal.gov>
Date: Mon, 16 Dec 2002 19:47:22 -0500
To: Matt Crawford <crawdad@fnal.gov>,
daw@mozart.cs.berkeley.edu (David Wagner)
From: "R. A. Hettinga" <rah@shipwright.com>
Cc: cryptography@wasabisystems.com,
Digital Bearer Settlement List <dbs@philodox.com>
At 6:23 PM -0600 on 12/16/02, Matt Crawford wrote:
> These quibbles may be of interest only to mathematicians and insurers.
...and thus underwriters of the financial instruments in question? :-).
Cheers,
RAH
"That's why they call it *financial* crypto, boys and girls..."
"...Though the accountants *do* have this thing called 'materiality'..."
"...Right, and that's also why some people say that finance is accounting
with real math. Okay, mathematical economics..."
:-)
--
-----------------
R. A. Hettinga <mailto: rah@ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
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