[16405] in cryptography@c2.net mail archive

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RE: Your source code, for sale

daemon@ATHENA.MIT.EDU (Michael_Heyman@McAfee.com)
Sat Nov 6 17:09:10 2004

X-Original-To: cryptography@metzdowd.com
X-Original-To: cryptography@metzdowd.com
From: Michael_Heyman@McAfee.com
Date: Fri, 5 Nov 2004 07:20:24 -0500
To: <cryptography@metzdowd.com>, <cypherpunks@al-qaeda.net>

> From: owner-cryptography@metzdowd.com=20
> [mailto:owner-cryptography@metzdowd.com] On Behalf Of Finney, Hal (CR)
>=20
> [SNIP discussion on ripping cash]
>
> The problem is that if the source code you are purchasing is=20
> bogus, or if the other side doesn't come through, you're=20
> screwed because you've lost the value of the torn cash.  The=20
> other side doesn't gain anything by this fraud, but they harm=20
> you, and if they are malicious that might be enough.
>
Quick fix for seller incentive: the seller rips some amount of their own
cash in such a way that they cannot recover it unless the buyer provides
the remainder of the buyer's ripped cash.

-Michael Heyman

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