[14795] in cryptography@c2.net mail archive
Re: article on Rivest and Micali's Peppercoin system
daemon@ATHENA.MIT.EDU (Steve Schear)
Fri Nov 21 15:46:04 2003
X-Original-To: cryptography@metzdowd.com
X-Original-To: cryptography@metzdowd.com
Date: Thu, 20 Nov 2003 16:59:36 -0800
To: Steve Bellovin <smb@research.att.com>, cryptography@metzdowd.com
From: Steve Schear <s.schear@comcast.net>
Cc: cypherpunks@lne.com
In-Reply-To: <20031117163708.6CEB87B43@berkshire.research.att.com>
At 11:37 AM 11/17/2003 -0500, Steve Bellovin <smb@research.att.com> wrote:
>http://www.technologyreview.com/articles/huang1203.asp
A nice puff piece but it steers clear of well know, if not respected,
prognosticators that poo-poo any near-term potential for
micro-payments. Conspicuously absent is e-gold which predates all of the
listed vendors, does a daily average of $3 million in transactions,
relatively simple to use, requires no special end-user software and
internally cost effective enough to handle payments less than $0.01. It
seems e-gold has been smeared (unfairly I think) in the press as only
attracting gray market types.
steve
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