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Do bonds expire? Do I need to purchase more?

 
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PostPosted: Sat Apr 24, 2004 2:08 pm    Post subject: Do bonds expire? Do I need to purchase more? Reply with quote

Bonds never expire.

At the time of this writing, the pre-paid retail purchase of Vanquish includes a bond value of $1.75 or $2 depending upon the term of your subscription. For a typical user who is not engaged in large commercial mailings, this is enough to last a lifetime - even if she sends 1,000 emails each day! Here is why:
  • Only 5 cents is frozen for each email message
  • The 5c is released after 72 hours, if the recipient does not penalize your message
  • Only messages sent to other Vanquish users creates a lien against your bond. Since Vanquish is a relatively new product, it is unlikely that you will encounter more than 2 or 3 other protected users
  • There is no lean if the recipient has written back to you after your first bonded message (i.e. and has not previously issued you a penalty). This means that the cash liability extends only to other Vanquish recipients who are also "strangers".
Understanding The TRUST Bond

How can a tiny amount (the $1.75 that is included with Vanquish) allow me to send thousands of messages each day while still detering me from becoming a spammer? It's true! A very small bond stretches a very long way!That's becuase the cash bond automatically changes into a "trust bond" between parties that have previously communicated, Let's explore further how this works...

Initially, you are not likely to encounter anyone who uses Vanquish. Later, as mroe ISPs and users license our tooks, you may freeze 5, 10 or 15 cents when you create a new mailing. But for each person that writes back to you (i.e. you now have a 2-way relationship), subsequent email to them does not carry a cash liability. Instead, the two of you sign each other's bond as trusted parties. This fact does not identify the recipient; it only records that he/she has never irritated you.

If you try to penalize someone with whom you have had a 2-way relationship, you cannot cause them to lose cash, but you will be offered a single opportunity to remove them from that trusted list forever. If they wish to write to you again, they will always be at full risk. But the situation is rare. People don't tend to punish their friends by pressing the penalty button.

So who - if anyone - needs to purchase additional bond? The only users who must fund their own cash bond are:
  • People who frequently irritate the people with whom they correspond
  • Companies that have large mailing lists with many new addresses in each mailing
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