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Re: uncensorable net based payment system?
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In <[email protected]>, on 07/31/97
at 01:40 PM, Adam Back <[email protected]> said:
>Then I can have some net cash savings backed by the rights to 1Tb of
>bandwidth at 100 Mb/sec. 100 Mb/sec for 3 days.
>A problem with this is that the market prices of the assets is
>continually dropping. How do I hedge against this. Can I buy futures?
>Sell 100 Mb/sec for 3 days now in exchange for 200 Mb/sec for 3 days in 1
>years time at an predicted equivalent value?
Well I see some problems with this. Any increase in bandwith requires the
addition of hardware to accomplish it. It would be of little use to me to
have 100 Mb/sec for 3days considering the cost of installing the lines and
purchacing the extra equipment.
Also in a packet switching environment how do you plan on insuring any
amount of bandwith? The Backbone is not set-up for this. The only way in
the current enviorment that you can guarantee a given bandwith is by
having a dedicated connection point to point.
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Geiger Consulting Cooking With Warp 4.0
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