[51608] in Cypherpunks
Re: Jump Start ecash With IPhone
daemon@ATHENA.MIT.EDU (Clarissa Wong)
Thu Mar 7 15:13:21 1996
Date: Thu, 7 Mar 1996 11:36:19 -0800 (PST)
From: clarissa_wong@alpha.c2.org (Clarissa Wong)
To: cypherpunks@toad.com
Adam Shostack <adam@homeport.org> mentioned:
> The big problem with this is that net phones can be subject to
> delay & drop out, and I don't want to deal with that when I'm talking
> on the phone.
Adam,
Yes, and that's good news. We can claim, while we are building up our
infrastructure, that we have a low-quality service that cannot compete
with the current LD carriers. Meanwhile, several companies and committed
enthusiasts are solving IPhone's technological problems. Also, ATM and
other high-bandwidth technologies that the LD carriers are deploying can
bring them profits when IPhone users request the _fast_ Internet.
But the real money is in the billing system. And an efficient,
decentralized ecash infrastructure will change the world. A cheap
telephone-to-telephone long distance and international voice service,
which people do want to buy, could provide the cash flow to jump start it.
CW
