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<p>On 2/24/19 7:09 PM, Joe Touch wrote:<br>
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On Feb 24, 2019, at 11:36 AM, Miles Fidelman <<a
href="mailto:mfidelman@meetinghouse.net"
moz-do-not-send="true">mfidelman@meetinghouse.net</a>>
wrote:<br>
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<div dir="ltr"><span>$25, at 1% interest, </span><br>
<span>would "endow" a Gig of reliable storage, "forever"
(think about how we </span><br>
<span>pay for perpetual care of a gravesite.</span><br>
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<span>What's missing is a legal & accounting mechanism
for handling the </span><br>
<span>money</span></div>
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<div>You’re forgetting the people cost to run it all.</div>
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<p>Ok.. the price goes up a little. I'm also thinking that one can
probably get more than 1% interest on long-term investments
(unless the world economy tanks, of course).</p>
<p>I'm thinking that this one subcontracts to a federation of ISPs,
hosting providers, etc. - where the incremental cost of managing
larger disk farms is pretty low. (Hell, Amazon S3 long-term
storage is down in that price range). The key missing piece is
the translation from money deposited in interest bearing accounts,
to contracts to multiple storage providers. (There are several
self-healing stacks for managing large distributed storage pools.
TAHOE-LAFS comes to mind.)<br>
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<div>And graves aren’t perpetual. </div>
<div><a
href="https://www.wcpo.com/money/consumer/dont-waste-your-money/perpetual-cemetery-care-its-not-eternal-care"
moz-do-not-send="true">https://www.wcpo.com/money/consumer/dont-waste-your-money/perpetual-cemetery-care-its-not-eternal-care</a></div>
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<p>Tell me about it. I'm in the process of setting stuff up for my
Dad's grave. Sigh...</p>
<p>Miles<br>
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<div>Joe</div>
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<pre class="moz-signature" cols="72">--
In theory, there is no difference between theory and practice.
In practice, there is. .... Yogi Berra</pre>
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