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There are certain things that are inherently scarce. For example, there is only a certain amount of beachfront property in California. It is going to be scarce, it is going to be expensive.


Ralph Merkle


#california #certain #certain things #example #expensive



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Did you know about Ralph Merkle?

1998 Feynman Prize in Nanotechnology for computational modeling of molecular tools for atomically-precise chemical reactions
1999 IEEE Koji Kobayashi Computers and Communications Award
2000 RSA award for the invention of public key cryptography. Career
Merkle was the manager of compiler development at Elxsi from 1980. Hamming Medal in 2010.

Ralph C. Merkle appears in the science fiction novel The Diamond Age involving nanotechnology.

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