From: ferguson@icm1.icp.net (Paul Ferguson x2044)
Date: Thu, 21 Oct 93 10:57:56 PDT
To: pmetzger@lehman.com
Subject: Re: Gold in them thar Bills...
In-Reply-To: <9310211721.AA22131@snark.lehman.com>
Message-ID: <9310211858.AA00917@icm1.icp.net>
MIME-Version: 1.0
Content-Type: text



> As for "in my book, silicon is worth more than gold", I'll happily
> trade you 100 kilos of silicon for 100 kilos of gold any day you like.
> Assuming you aren't fibbing, you should take the trade, since the
> silicon is worth more to you.
> 
> Of course, you'd be a fool. Silicon is plentiful, and costs pennies
> the kilo. Gold is not plentiful -- the market value is around $10,000
> the kilo.

Perry, I think its foolish to refute it simply on a literal basis, 
but then again, that's just lil' ole me. 

One could reasonably argue that you simply can't walk into the
corner 7-Eleven with a pound of gold and purchase 475 Big Gulps (tm),
but then again, there's an advocate for each point of view (ie,
Sternlight).

I personally like the gold/silicon comparison, if taken from a 
philosophical viewpoint. 

Information is arguably the gold of the future, and strong crypto
helps broaden the spectrum for each and every one of us.

Cheers,

_____________________________________________________________________________
Paul Ferguson                                                               
Mindbank Consulting Group                                    fergp@sytex.com   
Fairfax, Virginia  USA                                       ferguson@icp.net