Re: Billing for internet usage

[norm@netcom.com (Norman Hardy)]

At 5:06 PM 8/1/95, David G. Koontz wrote:
....
>One way would be to perform cooperative billing balances between nodes,
>and allow each node to 'bill upward'.   This means that any two machines
>are more interested in their relative balance than how much money they
>are really spending.   There are some interesting problems of trust and
>reliability, that might be solved through the use of digital money.
....
Ideas like these are discussed in my "Digital Silk Road" paper which is now
accessible as "http://www.webcom.com/~agorics/dsr.html". There may soon
be a PostScript version available.

These are the ideas that I presented at a Cypherpunks meeting about a year ago.