To: andrew peterson who wrote (4850 ) 12/25/1998 6:32:00 AM From: Marty Lee Read Replies (1) | Respond to of 11417
Somebody's got to work though the Holidays.. Oh well, might as well be me. To show myself approved among you (like I really care and I do as "I Should Care" - or so goes the song, blaw, blaw, blaw because I love you.) Hey Andrew! There's reading to do .. where SlateColt suggests. "Digital cash is dead as a doornail," he declared. "This is a crypto-technology that will continue to sit on the shelf until smart cards [which electronically store money and can be swiped into PCs and other devices] become pervasive." As smart cards will soon. We can wait, Slate. "Micropayments were envisioned as a way to handle small transactions, ranging from 25 cents to $10, over the Internet. Visa has estimated that each year $1.8 trillion is spent in transactions of $10 or less worldwide. But, given the proliferation of credit cards in the United States, the micropayment idea has yet to take hold. Consumers prefer instead to use credit cards for secure online transactions." Consumers “prefer,” is the way the last sentence should read. What choice do they have? "Loftesness said DigiCash has a list of 35-40 potential partners, and he has been talking to players like IBM for months. He expects to resolve DigiCash's status in the next five months. "Everybody feels anonymous e-cash is inevitable, but the existing situation was not going to get there from here," said Loftesness, who is frustrated by potential partners telling him, "This is absolutely strategic, but unfortunately it's not urgent." The company was founded by David Chaum and was well-known in the Internet's earliest days. MIT Media Labs' Nicholas Negroponte is a director of DigiCash." Nick also has some money down on WAVX ..... Interesting. This is a must read thing. millicent.digital.com Note: Wave Systems Corporation is NOT LISTED in “the other guy's” RELATED SITES – Big Obvious OverSite IMHO. Das ist shade "MilliCent provides the infrastructure for new, innovative ways to share corporate resources and conduct business on the Web. It is the only microcommerce system with virtually no computational overhead, resulting in financially economical purchases as low as one-tenth of a cent." Really? What would the Spragues have to say about the MilliCent system? Will future Compaq computers have a WaveMeter? Do we (Wave Systems) do “coupons?” CheERS TO YouR HolidAys EvEryone. AnD hERe'S To mY BirTHdAY AnD “ThE oThER GuY'S' ToO. MArtY