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e$: Beastie Boys do Finance
>Now. Here's the important part: announce both the amount
>of e$ you sold/bought, and the price paid in the transaction
>somewhere public (*Not* what you earned!). God knows where
>you would make the announcement, but it has to be public, like
>a mailing list, or a newsgroup, and everyone in the market
>should be able to see it. Word: not in these two groups, right?
>You could become a smoldering cinder of flamage, and that
>would be bad for business, right?
>
>I bet that some enterprizing Listserv/Majordomo maven out
>there could spot us some list traffic, experimentally?
I'm not a maven, but, sure.
-----BEGIN PGP SIGNED MESSAGE-----
CHARTER STATEMENT
Welcome! ECM (Electronic Cash Market) is an experimental mailing
list. Traders are encouraged to post messages to the list which
contain the price and volume of transactions conducted, and offers to
buy or sell e$ at specified prices.
To post, send email to ecm@ai.mit.edu. It will rebroadcast to all
subscribers.
To subscribe, send email to ecm-request@ai.mit.edu, containing the
single word "suscribe" in its body. See more detailed instructions
later in this message for the digest version.
Message sent to the list should, if possible, be signed with PGP.
Trades or offers should be in the form
E=
in the body of the message. For example, to represent the transaction
where e$100 digicash were traded for US$5, the message
E=100 US=5 CONCLUDED 06/20/95 15:00 1 foo@bar.com
would be posted. The buy offer and sell offer are relative to the e$,
e.g. a BUY-OFFER is an offer to buy e$ at the specified price.
Date and time are Eastern Standard or Daylight time.
The serial number can be any short unique non-whitespace string. The
signer of the message should ensure that the serial number of the
trade is unique for his id.
The email address posted should lead to someone who can provide
details regarding the offer or trade.
Any number of offers and concluded trades are permitted in a single
message.
The actual trade execution is the responsibility of the parties
involved.
There is no guarantee regarding the accuracy of the information
posted. Specifically, there is no guarantee of the reliability,
throughput, and latency of messages, or that the trade or offer
actually took place or is legitimate. PGP signatures do provide some
authenticity with regard to the sender, but should be checked by
receivers.
Dialogue and conversation pertaining to the e$ market are also
permitted on this list. Pertinent topics include protocol extensions,
and the reputation of various traders.
Note the the protocol specified above is not mandatory; it is merely a
suggestion. If a protocol turns out to be restrictive or flawed,
users are free to agree on other protocols by consensus.
SPAM and Action Alerts and are not permitted on the list.
ADMINISTRIVIA
We're using some software called "Majordomo" to administer
subscriptions. Human intervention in the subscription process will be
minimal, and messages from clueless people will at best be ignored.
There are really two lists. The normal list, and the digest version.
If you're on the normal list, messages will be sent to you as fast as
the MIT AI mail server can turn them around. If you're on the digest
version, the messages will get batched and sent out when enough
accumulate.
You can change between normal and digest by unsubscribing to one list
and subscribing to the other. For example, to change from normal to
digest, you'd want to send two messages: <>P
To: ecm-digest-request@ai.mit.edu
subscribe
unsubscribe
How you unsubscribe depends upon which list you're on. If you're on
the normal list, to unsubscribe, you need to send mail like this<>P
unsubscribe
If you're on the digest version, to unsubscribe, you need to send mail
like this:
To: ecm-digest-request@ai.mit.edu
unsubscribe
A variety of other commands are handled by Majordomo. Send mail to
ecm-request@ai.mit.edu containing the word "help" for details.
iQCVAwUBL+yRgjgHdLcQmgk9AQGzdgP+O6VLS+RxTFXohTDe4snsQjaIDnKqwG64
OVNSRuqGu4rUcaG+sVXBAlWFVtmQp3YY1Xn5dCsQYuNadv9KIz/sWf3oBk+ajbnL
33IHH9uYwffQsmVyvh9KgFNwVwPMQUICCicg7i6nz2nA2mRvg1SIi9liiLjWtMS9
qOckEx4gXos=
=/mrL
-----END PGP SIGNATURE-----
--
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MIT AI Lab Cambridge, MA 02139 (617)-253-0972
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