[14254] in cryptography@c2.net mail archive
Re: Peppercoin Raises $4 Million in First Round Funding,
daemon@ATHENA.MIT.EDU (R. A. Hettinga)
Tue Sep 23 22:11:17 2003
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Date: Tue, 23 Sep 2003 21:18:12 -0400
To: cryptography@metzdowd.com, e$@vmeng.com, mac_crypto@vmeng.com
From: "R. A. Hettinga" <rah@shipwright.com>
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Status: U
Date: Tue, 23 Sep 2003 16:32:22 -0500
To: "R. A. Hettinga" <rah@shipwright.com>
From: Adam L Beberg <beberg@mithral.com>
Cc: FoRK <fork@xent.com>
Subject: Re: Peppercoin Raises $4 Million in First Round Funding,
Appoints CEO
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On Tuesday, September 23, 2003, at 03:45 PM, R. A. Hettinga wrote:
> Rivest and Micali's microcheque protocol gets a ducat-download.
>
> Next stop an IPO -- and then an eBay buyout... ;-).
Hahaha... "about 7 percent per transaction" - NOT mentioned on the
website anywhere, I had to look in a Wired article - we call that an
"F*** the merchant" rate folks, even AMEX isn't that high.
Windows only. Interface software is NOT open source. Oh, and they are
used by 6 merchants. VISA is soooooo scared, oooooooooooo.
However, POD Holding is obviously a good source of sucker money, send
in those business plans folks :)
- Adam L. Beberg - beberg@mithral.com
http://www.mithral.com/~beberg/
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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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