From: “Perry E. Metzger” <perry@imsi.com>
To: rah@shipwright.com (Robert Hettinga)
Message Hash: 6044c0e008f94d4ba2503fac0a002ea40ef4527f293b37155fe60f89b4ce21b3
Message ID: <9406212229.AA01976@snark.imsi.com>
Reply To: <199406212203.SAA18481@zork.tiac.net>
UTC Datetime: 1994-06-21 22:30:05 UTC
Raw Date: Tue, 21 Jun 94 15:30:05 PDT
From: "Perry E. Metzger" <perry@imsi.com>
Date: Tue, 21 Jun 94 15:30:05 PDT
To: rah@shipwright.com (Robert Hettinga)
Subject: Re: e$: Geodesic Securities Markets
In-Reply-To: <199406212203.SAA18481@zork.tiac.net>
Message-ID: <9406212229.AA01976@snark.imsi.com>
MIME-Version: 1.0
Content-Type: text/plain
Robert Hettinga says:
> Strong crypto accomplishes 1, and e$ protocols make 2 and 3 meaningless.
Not really. Not all commodities are fungible. Not all entities are
willing to conduct all sorts of trades with all other sorts of
entities. Besides all that, someone has to hold physical goods, and
investing will continue to be a realm for which expert advice is
purchased.
Perry
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