[133007] in cryptography@c2.net mail archive
Re: street prices for digital goods?
daemon@ATHENA.MIT.EDU (Damien Miller)
Thu Sep 11 09:01:37 2008
Date: Thu, 11 Sep 2008 22:41:38 +1000 (EST)
From: Damien Miller <djm@mindrot.org>
To: Peter Gutmann <pgut001@cs.auckland.ac.nz>
cc: cryptography@metzdowd.com, dmolnar@eecs.berkeley.edu
In-Reply-To: <E1KdfWI-0001Lm-Vz@wintermute01.cs.auckland.ac.nz>
On Thu, 11 Sep 2008, Peter Gutmann wrote:
> David Molnar <dmolnar@eecs.berkeley.edu> writes:
>
> >Dan Geer's comment about the street price of heroin as a metric for
> >success has me thinking - are people tracking the street prices of
> >digital underground goods over time?
>
> I've been (very informally) tracking it for awhile, and for generic
> data (non- Platinum credit cards, PPal accounts, and so on) it's
> essentially too cheap to meter, you often have to buy the stuff in
> blocks (10, 20, 50 at a time) to make it worth the sellers while.
At such cheap prices, it must be close to the point where it would
be worth it for the the card issuers to buy the numbers as a loss
mitigation measure.
-d
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