On 23 Dec 08, at 10:45, Stephen J. Turnbull wrote:

Jan Steinman writes:

I would willingly pay a hundredth of a cent (or so) per email sent if
it would reduce spam to near-zero.

Only problem is, you'll have to go to the bank and fill out the
electronic funds transfer form for each $.00001 you pay.

Nanopayments are not a solved problem.


I agree that the banking industry is too horribly inefficient to handle nanopayments. If they claim it costs them $25 to handle a bounced cheque, I can't imagine what they'd claim it costs to accept a $0.00001 payment. They've grown fat and lazy. Don't look to them for any innovation that doesn't involve barely-legal Ponzi schemes.

Besides, individuals wouldn't be doing the payments, their providers would. The key is SMTP servers -- THEY would be the ones that would have to handle the accounting. And arguably, they might be the ones receiving payment anyway, since they are the ones ultimately bearing the cost. (I'd love to get $0.00001 for every spam my SMTP server passes -- would much more than pay for the email all my customers send out.)

So I think the key to nanopayments is to cut the banks right out of the process. All of the accounting is already in SMTP -- you just have to add billing and collection. Someone write it up as RFC 5821, please? :-)

But this is getting way OT, and we aren't going to solve the problem on this list.

:::: The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. -- George Bernard Shaw ::::
:::: Jan Steinman, EcoReality http://www.EcoReality.org ::::

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