... to a former Wave investor who worked in the telecoms industry and was curious about the definition and scope of my phrase; at the time, he and everyone else knew this was my (at the time) seemingly eccentric notion of what was going on:
"eamonnshute,
the trust matrix is larger than Wave. It is the entire
infrastructure of distributed trust. Trust matrix is
not a Wave phrase, although they are aware of it.
Re 3G: the likelihood of a distributed hardware
infrastructure, it seems to me, increases in
proportion as bandwidth and memory expand. It doesn't
matter so much if a thing is called a mobile phone or
a PC. With a few provisos, these are just types of
equipment that sit at the edge of the supernetwork (a
presumed merger of all the networks).
The provisos relate to the fact that there are certain
capabilities and limitations that distinguish
different types of device. A mobile phone may take
advantage of the benefits of being portable. But it
also lacks the screen size, consistent power source,
bandwidth, and keyboard of a static PC.
The 3G infrastructure enables some of the benefits (eg
location systems like GPS and E-OTD, experiments in
digital cash) and mitigates some of the limitations
(bandwidth) of pre3G phone networks. Nevertheless,
constraints remain.
My interest is in digital information flow rather than
equipment, however. It is very helpful to me in
clarifying issues of property."
| 
