1994-05-03 - Re: Virtual Cash

Header Data

From: Joe Thomas <jthomas@access.digex.net>
To: “Christian D. Odhner” <cdodhner@indirect.com>
Message Hash: 6826fa06c45429894fe3682b4daac128fa6c33de4a1df47fe6c58890abe3369a
Message ID: <Pine.3.89.9405030822.A14127-0100000@access1.digex.net>
Reply To: <Pine.3.89.9405022318.A4536-0100000@id1.indirect.com>
UTC Datetime: 1994-05-03 12:31:09 UTC
Raw Date: Tue, 3 May 94 05:31:09 PDT

Raw message

From: Joe Thomas <jthomas@access.digex.net>
Date: Tue, 3 May 94 05:31:09 PDT
To: "Christian D. Odhner" <cdodhner@indirect.com>
Subject: Re: Virtual Cash
In-Reply-To: <Pine.3.89.9405022318.A4536-0100000@id1.indirect.com>
Message-ID: <Pine.3.89.9405030822.A14127-0100000@access1.digex.net>
MIME-Version: 1.0
Content-Type: text/plain

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...