[103479] in Cypherpunks

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Re: Cypherpunks defeat?

daemon@ATHENA.MIT.EDU (Jim Burnes)
Mon Sep 28 03:33:45 1998

Date: Mon, 28 Sep 1998 01:24:56 -0600 (MDT)
From: Jim Burnes <jvb@ssds.com>
To: "James A. Donald" <jamesd@echeque.com>
cc: "Robert A. Costner" <pooh@efga.org>, cypherpunks@cyberpass.net
In-Reply-To: <199809280358.UAA27338@proxy3.ba.best.com>
Reply-To: Jim Burnes <jvb@ssds.com>


On Sun, 27 Sep 1998, James A. Donald wrote:

> We really need an open system, which IBM is not, which goes
> down to millicent values, which IBM does not, and which
> supports intermediaries moving aggregated transactions, so
> that customer and server to not have to be clients of the
> same intermediary, which IBM does support, and previous
> proposals for micropayment did not.
> 
>     --digsig
>          James A. Donald

Sound like we need something like a GPL for digital cash
protocols/algorithms.

That would keep it from being monopolized by a few power
players.

Someone has to be working on this.

jim



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