Micropayments, redux
R. A. Hettinga
rah at shipwright.com
Mon Dec 16 19:47:22 EST 2002
At 6:23 PM -0600 on 12/16/02, Matt Crawford wrote:
> These quibbles may be of interest only to mathematicians and insurers.
...and thus underwriters of the financial instruments in question? :-).
Cheers,
RAH
"That's why they call it *financial* crypto, boys and girls..."
"...Though the accountants *do* have this thing called 'materiality'..."
"...Right, and that's also why some people say that finance is accounting
with real math. Okay, mathematical economics..."
:-)
--
-----------------
R. A. Hettinga <mailto: rah at ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
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'
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