[12925] in Cypherpunks
Re: Virtual Cash
daemon@ATHENA.MIT.EDU (Joe Thomas)
Tue May 3 08:35:03 1994
Date: Tue, 3 May 1994 08:30:47 -0400 (EDT)
From: Joe Thomas <jthomas@access.digex.net>
To: "Christian D. Odhner" <cdodhner@indirect.com>
Cc: Eli Brandt <ebrandt@jarthur.cs.hmc.edu>,
cypherpunks list <cypherpunks@toad.com>
In-Reply-To: <Pine.3.89.9405022318.A4536-0100000@id1.indirect.com>
On Mon, 2 May 1994, Christian D. Odhner wrote:
> On Mon, 2 May 1994, Eli Brandt wrote:
> > Poll: assuming you had a use for FedNote-backed 100%-reserve digicash,
> > what service fee would you be willing to pay, and how much money
> > would you be willing to leave in the hands of some random individual?
>
> I would be willing to pay 5% upon receipt of the digicash, and possibly
Sounds reasonable to me. There are plenty of ~$100 transactions for
which a $5 fee for anonymity would be reasonable. I don't think I'd
trust someone known only by net-rep with much more that...
Joe
