RE: WAS THIS LEGAL?

saurvok@exo.com
Fri, 20 Jun 1997 14:25:07 -0700


>Who wants to work out the RFC for the Distributed Salary Protocol,
whereby, you
>get paid in Micropennies based upon each CPU cycled you contribute to a
project,
>with a summary deposit to a bank account of your choice. I hear Cybercash is
>looking for a Killer App, anyone?
>
>1 penny equals a million CPU cycles? And are Sparc cycles worth more or
less?
>
>Although, coming back to reality. How do you organize payments to ten
thousand
>individuals without getting killed on paper, stamps, postage or checks?
Unless
>we'd like to work on a distributed postal system to figure out what's the
>cheapest way to do fifty or a hundred-thousand money transfers without paying
>for them?

This will be feasible when sending cash as numbers is widespread.
See www.digicash.com for example.