Security?

My iPod personal contract manager comes with a built in rule, all contracts must have a safe exit, a settle the accounts and sign off. I can exit, but I cannot cheat.  But at the same time, I tell my manager what my limits are, and my iPod knows what that means, and has already set defaults.  It is a thing all parties can equally trust, like a hundred dollar bill up against the light.

Who protects iPod? Five armed agents in Cupertino protecting a caged, isolated computer.  Any iPod can send a different public key, modular to its own secret key. The computer in Cupertino will validate. So with extraordinary liquidity, I can be in and out of the various liquidity nets, and get fair passage through ledgers, routers, pits, and order books. My iPod is the equivalent of an FDIC insured bank, if I download the app, guaranteed to be compliant. I can take it to the store, do private credit with the keeper, take it to garage sales, beep away at any other iPod.

One of Timmy's best ideas, and I am a fan, the first Apple product I ever bought. I will pay up to five hundred for the first working copy. Be the first to look into the singularity.

Penny  Clicker, Timmy's killer app.  When I click an anonymous penny to you and your advertiser, we are moving to an equilibrium of good stuff happening in the trade press and the blogs. Me and the singularity find common language.