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Subject: Re: The Euro at $1.55 Posted on: Wed, 26 Mar 2008 22:31:17 GMT

On Wed, 26 Mar 2008 19:18:14 -0000, "William Black"
wrote:

>
>"John Kulp" wrote in message
>news:47ea8307.60064748@news20.forteinc.com...
>> On Wed, 26 Mar 2008 16:48:19 +0100, Mxsmanic
>> wrote:
>>
>>>John Kulp writes:
>>>
>>>> Any your proof for any of this is?
>>>
>>>It is self-evident.
>>>
>>>> Try doing a calculation at 1 cent per transaction to reach Gate's
>>>> some $56 billion then subtract taxes and costs and let us all know
>>>> how many transactions of whatever type you are claiming you would
>>>> need to do to get Gate's aftertax, aftercost net worth and let
>>>> us all know.
>>>
>>>Micropayments don't involve a per-transaction fee. That's part of the
>>>problem. I've already explained that the inventor would make his fortune
>>>through licensing.
>>
>> Completely hairbrained. Licensing what to whom? And, if they don't
>> involve a per transaction fee, just what does this grand scheme do?
>
>You patent the technology and flog it to banks, and, most importantly,
>email server companies...

I've worked in the financial institutions business for 40 years and
you have about as much chance of doing that as--well--flapping your
arms and flying.