From: Robert Hettinga <rah@shipwright.com>
Date: Wed, 16 Jul 1997 23:02:03 +0800
To: cypherpunks@toad.com
Subject: Gee, *this* sounds familiar... (Was Re: ICONOCAST 15-Jul-97)
Message-ID: <v0311070eaff27d343e29@[139.167.130.247]>
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Date:  Wed, 16 Jul 1997 08:40:50 -0400
From: Robert Hettinga <rah@shipwright.com>
To: Multiple recipients of <e$@thumper.vmeng.com>
Subject:  Gee, *this* sounds familiar... (Was Re: ICONOCAST 15-Jul-97)

Microsoft and Cisco have discovered Micromoney Mitochondria, it seems...


Wanna bet the "physicist" is probably Mhyrvold?

Too bad they don't understand the distinction between book-entries and
bearer certificates...


Cheers,
Bob Hettinga





At 11:31 am -0400 on 7/15/97, Michael Tchong wrote:


>      I C O N O C A S T  b y  M i c h a e l  T c h o n g
>        -- more concentrated than the leading brand --
>                          15-Jul-97
<snip>
> ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>                         THE JACOBYTE
>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
> The French will never forget la Bastille. But Netizens seem
> to have forgotten Jaco. To prevent Jaco from breaking a long
> streak of insouciance and going on strike, French-style,
> send a juicy "petit truc" to jaco@iconocast.com.

<snip>

> <*> The Jacobyte also received a hot tip from a physicist.
> You know the type who does 20 quantum-mechanics push ups
> before breakfast. What caught the eye of this keen observer
> was the Microsoft-Cisco announcement. How's this for a
> scenario: Bill gets his software into all Cisco routers,
> then proposes a modification to the Internet packet format.
>
> All packets must now have a credit-card number in the
> header, so Microsoft can charge a packet switch fee at
> each router! Talk about 'transaction pricing.' A typical
> e-mail is broken into several packets and each one makes
> 10-15 hops. Let's do the arithmetic for a typical day:
> 100 billion packets times 10 hops per packet times $0.001
> router fee at each hop equals $1 billion *per day*.
>
> That's not chump change...even for the $36-billion man!




-----------------
Robert Hettinga (rah@shipwright.com), Philodox
e$, 44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
The e$ Home Page: http://www.shipwright.com/


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-----------------
Robert Hettinga (rah@shipwright.com), Philodox
e$, 44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
The e$ Home Page: http://www.shipwright.com/