Comment on Sending newsletters should cost somethingparentComments−daniel-cussen4yWell in the mail you have to pay for the stamp. It's about a dollar. You could charge 10 cents...in fact, that's not a bad idea for a cryptocurrency.−etothepii4yBecause the existing crypto currencies support 10c transactions if they grow to any kind of audience!−b1124yTo be fair, if you bulk send via mail, you pay a very small fraction of normal postage.A very small fraction.4th class mail, sent to the occupant of every house, is very very cheap.Really, the cost of adwork, logos, placement, 4 colour print is more expensive than post.−thinkmassive4yThis was one of the original motivations to develop technologies that made cryptocurrency possible. Adam Back released the first proof-of-work implementation, Hashcash, in 1997 as a denial-of-service countermeasure.
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Well in the mail you have to pay for the stamp. It's about a dollar. You could charge 10 cents...in fact, that's not a bad idea for a cryptocurrency.
Because the existing crypto currencies support 10c transactions if they grow to any kind of audience!
To be fair, if you bulk send via mail, you pay a very small fraction of normal postage.
A very small fraction.
4th class mail, sent to the occupant of every house, is very very cheap.
Really, the cost of adwork, logos, placement, 4 colour print is more expensive than post.
This was one of the original motivations to develop technologies that made cryptocurrency possible. Adam Back released the first proof-of-work implementation, Hashcash, in 1997 as a denial-of-service countermeasure.