[12104] in Commercialization & Privatization of the Internet

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Re: The internet will kill us

daemon@ATHENA.MIT.EDU (Doug Humphrey)
Thu May 5 19:26:13 1994

Date: Thu, 5 May 1994 12:27:39 -0400 (EDT)
From: Doug Humphrey <digex@ss1.digex.net>
To: Tom Limoncelli <tom_limoncelli@warren.mentorg.com>
Cc: com-priv@psi.com
In-Reply-To: <2pivn8$2bv$1@sdl.Warren.MENTORG.COM>



On 26 Apr 1994, Tom Limoncelli wrote:

> The internet will end our ecomomy as we know it as soon as digital cash
> is accepted and purchases can be made via the internet.  It will bring
> all competition down to price.

Not just Price;

Price and Performance, Tom.  You can order it cheaper right now, 
but if they never get it there, or they get you the wrong number of
pens, or the wrong color, or they are heat damaged and don't 
work very well, then what advantage the lower price?

In fact, how is this ANY different from the real work`ld today?

I think that the Internet and Digital Cash won't change all 
that much, actually.  The net just gives some firms an advantage 
in some markets, but as always that advantage can be matched,
and Digital Cash, if it is REALLY a means that has the good 
characteristics of Cash, won't change anything at all...

Doug


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