3 ms·

Not many email attacks are worth an entire dollar. It would be very very effective at reducing spam. And too effective at reducing everything else.

zx8080 9mo ago
Emails to CEOs they do worth.
- Dylan16807 9mo ago
  So only CEOs will get spam, and it's effective for 99.9% of people? I would not describe that as "will not work as desired".
  - AnthonyMouse 9mo ago
    And it would even still work for the CEO, they would just have to charge more than $1. The real problem is we don't have a low-friction digital payment system that allows individuals to automate sending payment requests for small amounts of money to each other without requiring everyone to sign up for a merchant account with a financial bureaucracy.
    - SJC_Hacker 9mo ago
      > The real problem is we don't have a low-friction digital payment system that allows individuals to automate sending payment requests for small amounts of money to each other without requiring everyone to sign up for a merchant account with a financial bureaucracy. Its called cryptocurrency
      - AnthonyMouse 9mo ago
        First you have to make it low-friction. If I want Joe Average to send me $1 in cryptocurrency, how is he getting $1 in cryptocurrency to send me?
        nobody9999 9mo ago
        >First you have to make it low-friction. If I want Joe Average to send me $1 in cryptocurrency, how is he getting $1 in cryptocurrency to send me? Absolutely. You're 1000% correct. Cryptocurrency is way too high friction for stuff like that. When I wish to spend crypto, I need to: [If you don't have an exchange account already, you'll need the 0.x steps too!] 0.0 Create an account on an exchange which is legally allowed to operate in your state/country; 0.1 Provide all sorts of KYC/AML info including photos of yourself and your government ID; 0.2 Wait hours/days/weeks for the exchange to "validate" your KYC/AML info and allow you to purchase crypto; 1. Log in to an exchange which is actually allowed to operate in the place where one resides; 2. Purchase Bitcoin or other coin the exchange deems appropriate (leaving aside the hefty fee charged for using fiat currency/traditional credit card); 3. Wait days/weeks until the exchange allows you to transfer the purchased cryptocurrency out of your exchange-hosted wallet; 4. Transfer crypto to a wallet you actually control; 5. Convert the crypto purchased on the exchange to the crypto coin required for whatever your purpose may be; 6. Transmit the crypto to the destination wallet. Total time (not including setting up the exchange account, which can take anywhere from 1-10 days): 3-10 days. Much too high friction for small payments, IMHO.
        SJC_Hacker 9mo ago
        All the setup is no worse than setting up a bank account And technically it can be avoided through back channels if you know someone who already has it - can just pay them cash or whatever and they can send crypto to you Crypto is very easy to transfer once you have a wallet Its the exchange to/from real world currency where the friction is.
        deleted 9mo ago
        [deleted]
        Dylan16807 9mo ago
        > All the setup is no worse than setting up a bank account Which is a huge pain in the butt. If someone invented a new lower-spam email ecosystem that required everyone to make a new bank account, very few people would join. I would say something about a combined account but many countries have already figured out free bank transfers without needing crypto so maybe do that?

zx8080 9mo ago

Emails to CEOs they do worth.

Dylan16807 9mo ago
So only CEOs will get spam, and it's effective for 99.9% of people? I would not describe that as "will not work as desired".
- AnthonyMouse 9mo ago
  And it would even still work for the CEO, they would just have to charge more than $1. The real problem is we don't have a low-friction digital payment system that allows individuals to automate sending payment requests for small amounts of money to each other without requiring everyone to sign up for a merchant account with a financial bureaucracy.
  - SJC_Hacker 9mo ago
    > The real problem is we don't have a low-friction digital payment system that allows individuals to automate sending payment requests for small amounts of money to each other without requiring everyone to sign up for a merchant account with a financial bureaucracy. Its called cryptocurrency
    - AnthonyMouse 9mo ago
      First you have to make it low-friction. If I want Joe Average to send me $1 in cryptocurrency, how is he getting $1 in cryptocurrency to send me?
      - nobody9999 9mo ago
        >First you have to make it low-friction. If I want Joe Average to send me $1 in cryptocurrency, how is he getting $1 in cryptocurrency to send me? Absolutely. You're 1000% correct. Cryptocurrency is way too high friction for stuff like that. When I wish to spend crypto, I need to: [If you don't have an exchange account already, you'll need the 0.x steps too!] 0.0 Create an account on an exchange which is legally allowed to operate in your state/country; 0.1 Provide all sorts of KYC/AML info including photos of yourself and your government ID; 0.2 Wait hours/days/weeks for the exchange to "validate" your KYC/AML info and allow you to purchase crypto; 1. Log in to an exchange which is actually allowed to operate in the place where one resides; 2. Purchase Bitcoin or other coin the exchange deems appropriate (leaving aside the hefty fee charged for using fiat currency/traditional credit card); 3. Wait days/weeks until the exchange allows you to transfer the purchased cryptocurrency out of your exchange-hosted wallet; 4. Transfer crypto to a wallet you actually control; 5. Convert the crypto purchased on the exchange to the crypto coin required for whatever your purpose may be; 6. Transmit the crypto to the destination wallet. Total time (not including setting up the exchange account, which can take anywhere from 1-10 days): 3-10 days. Much too high friction for small payments, IMHO.
        SJC_Hacker 9mo ago
        All the setup is no worse than setting up a bank account And technically it can be avoided through back channels if you know someone who already has it - can just pay them cash or whatever and they can send crypto to you Crypto is very easy to transfer once you have a wallet Its the exchange to/from real world currency where the friction is.
        deleted 9mo ago
        [deleted]
        Dylan16807 9mo ago
        > All the setup is no worse than setting up a bank account Which is a huge pain in the butt. If someone invented a new lower-spam email ecosystem that required everyone to make a new bank account, very few people would join. I would say something about a combined account but many countries have already figured out free bank transfers without needing crypto so maybe do that?