Re: marginal cost of ecash transaction

[bryce@digicash.com]

-----BEGIN PGP SIGNED MESSAGE-----

 Wei Dai probably wrote:
>
> That brings up an interesting question.  What is the marginal cost to
> MarkTwain of such a one-cent ecash transaction?  If everyone started
> sending each other these pennies, will MarkTwain go broke? 


Good question.


Speaking unofficially and off-the-top-of-my head, I estimate the
marginal cost to be "really really small".


I mean, if you really want to know the marginal cost of
something you have to determine which costs are considered
marginal and which aren't.  Is Frank O. Trotter's salary a
marginal cost?  I mean, if everyone in the world started sending
each other Mark Twain Bank pennies, MTB might have to hire a
second or third banker-type like Frank to keep an eye on things.


But disregarding such speculation, what is the marginal cost of a
kilobyte or so on Mark Twain Bank's internet connection?  Or
(snicker) a handful of CPU cycles on bank.marktwain.com?


The biggest "marginal cost" is probably the salaries of the
employees who keep those two things running.


Regards,

Bryce



-----BEGIN PGP SIGNATURE-----
Version: 2.6.2i
Comment: Auto-signed under Unix with 'BAP' Easy-PGP v1.1b2

iQB1AwUBMZvWn0jbHy8sKZitAQH9FAMAzfjFYSG4jjAhHgAzjf8s9YpG6M9NVCm1
PHqHffGtlEL/q+4grPhsLa/5IZuLGbhIOGfuhvDf4/dMM1GpORz+qpbC4RNR3CVp
4LYh4X23UxImIk5EuYd22vjMr+6Y0P4E
=ZJ+m
-----END PGP SIGNATURE-----