At 10:59 PM 11/24/2001 -0500, you wrote: > From the Hettinga-lists. I disagree with some of the author's conclusions, >since he apparently hasn't noticed that e-gold exists, but it's an interesting >read anyway. >JMR
How is e-gold useful? Transaction fees are orders of magnitude larger than the transaction amount. Centralized online clearance per transaction is too expensive to bootstrap micro payments. Only offline, batch online or subscription (including a single payment for up to X page view) transactions are practical. We'll probably see pay per page online when we see pay per page offline and fractional stock share trading from leading brokerage companies. Bob and others (including myself have run the numbers). This is wrong place to bootstrap ecash. See steve --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED] http://www.e-gold.com/stats.html lets you observe the e-gold system's activity now!
