Re: Would the implementation of a financial transaction system to internet protocols be of benefit to internet security?

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It appears that Graham Fluet  <graham.fluet@xxxxxxxxxxx> said:
>When sending an email, the email has to contain a digital "postage stamp" which contains a specified amount in a traditional
>or digital currency that is paid out of the sender's account. If the recipient does not receive payment, or receives an
>invalid payment, that email is rejected and the payment is returned to the sender. The payment required could potentially be
>as low as as a fraction of a cent, or even a valueless amount if using a digital currency that is only shared between a select
>few.

E-postage is a very old idea.  It was a bad idea 30 years ago, and it's a bad idea now.

I wrote this white paper 20 years ago, but nothing important has changed:

https://www.taugh.com/epostage.pdf

>Another example is with web pages having a charge to read, meaning that journalists can avoid having paywalls by having a
>standard pay-per-article system that is managed by an account linked to the user's web browser. There would need to be systems
>in place to ensure the user is aware of the charges and consents to them. i admittedly haven't explored this in depth as much.

The Web is in essence a version of Ted Nelson's Xanadu system,
simplified enough to be possible to implement. Ted always wanted
royalties per byte, but neither he nor anyone else ever had a
plausible way it could work.

Also, users hate hate hate metered services. That's why your mobile
phone plan has a bundle of minutes (probably unlimited) rather than
pay per minute, even though per minute would likely be cheaper for
many people.

R's,
John




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