"R. A. Hettinga" wrote:

> >     The Third Edinburgh Financial Cryptography Engineering Conference
> 
> This is so fucking boring. No one gets laid any more for doing FC.

No, no, NO!!  You are talking about Financial Cryptography,
the conferences running on a bunch of Caribbean islands.

Very different animal :-)  The original goal for a mixed
business and law and accounting and a tad of crypto was
perverted into YACC - yet another crypto conference - and
became very academic, very mathematical, very crypto, very
junior, and very ignorable.

(Even if I do say so myself, having presented two papers
at FC. :-)

Nobody that I ever heard of got laid at FC.  That's why we
started EFCE.  Literally we, the waiting debutantes, got
bored of not getting any after our 3rd (4th?) attempt at
the prom.  How many dresses does a girl have to buy?  So
we rewrote the rules to be a. everything that FC doesn't
do, and b. nothing that FC does.

And it worked.  We got laid, or, at least, some of us did.

As programme chair for the first two EFCEs, I monitored
the mating patterns of FCers with interest.  I found that
one third of the presenters managed to close/advance/secure
deals that moved money into their pockets.

Not huge amounts, I grant you.  FC - the art - really does
suffer from the academic throw-more-formulas at yet-another-
hype-problem legacy of FC - the conference.  People simply
don't expect it to go anywhere because of that.

So when the money turns up (several banks, several regulatory
types, several settlement types) to EFCE, they get caught by
surprise.  Often times, nothing gets consumated because the
guys don't come in the appropriate dress, and have to ask us
ladies for phone numbers instead.

Which is why, when the *2nd* EFCE happened, another 1/3 of
the presenters walked around with knowing, self-satisfied
smiles.

> Who cares for Yet Another Implementation of Something That No One Will Ever
> Use ?

Nobody.  But, you *are* invited to present it at EFCE, and
there you get to tap into the combined market wisdom of
*why* no one will ever use that system.  You won't get that
anywhere else.

You certainly won't get it at FC, as they are mostly
interested in the crypto content, which is not compatible
with a business assessment at all.  Go to FC and you will
hear about voting (with crypto), content protection (with
crypto), cracking machines (of crypto).  Yet another
session on the unworkable CA model (another fine waste of
good crypto).  More crypto than you know what to do with.

Come to EFCE and find out why your business sucks. See how
transactions are done.  Measure them.  Watch them fail.
See how your competitors already thought of it and coded
it several years ago. Watch the presenters get courted by
the audience, with numbers (yes, we rated the presentations
with numbers)!

> We have credit cards. Nothing will ever replace them, in spite of 2%
> transaction fees.

Oh, you are assuming a retail application.  There are many
interesting applications in FC, and retail is only one of
them.  The systems that have succeeded have not done so
within retail.  For example, PayPal succeeded in e-bay
auction settlements.

PS: everything above is past history;  this year I probably
won't make EFCE, and Rodney Thayer is doing the programme
chair.  He might change the dress code somewhat, and other
elements of the courting protocol.  Up to him.

-- 
iang

Reply via email to