Re: DBCs now issued by DMT

2002-12-09 Thread Bill Stewart
At 02:17 AM 12/05/2002 +, Peter Fairbrother wrote: OK, suppose we've got a bank that issues bearer money. Who owns the bank? It should be owned by bearer shares, of course. Why? Or the propounders wanting to: make a profit/control the bank? There are two main reasons honest people start

DBCs now issued by DMT

2002-12-08 Thread R. A. Hettinga
Schear [EMAIL PROTECTED] Subject: DBCs now issued by DMT Sender: [EMAIL PROTECTED] Digital Monetary Trust now supports Digital Bearer Certificates. https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC are not blinded, DMT claims it maintains no client data on its accounts so

Re: DBCs now issued by DMT

2002-12-08 Thread R. A. Hettinga
At 4:06 PM -0800 on 12/3/02, Somebody wrote: I forgot to ask: who the hell is DMT? Nobody I ever heard of... How are they marketing this stuff - on a website with only an IP address... :-). or, who have they gotten to use it thus far? Nobody I ever heard of... However, that old

Re: DBCs now issued by DMT

2002-12-08 Thread R. A. Hettinga
--- begin forwarded text Status: RO Date: Tue, 3 Dec 2002 16:06:12 -0800 Subject: Re: DBCs now issued by DMT From: Tim May [EMAIL PROTECTED] To: [EMAIL PROTECTED] Sender: [EMAIL PROTECTED] On Tuesday, December 3, 2002, at 01:55 PM, Steve Schear wrote: Digital Monetary Trust now supports

Re: DBCs now issued by DMT

2002-12-08 Thread Peter Fairbrother
OK, suppose we've got a bank that issues bearer money. Who owns the bank? It should be owned by bearer shares, of course. Can any clever person here devise such a protocol? I'd guess that all the Bank's finances should be available to anyone who asks. That should include an accounting of all

Re: DBCs now issued by DMT

2002-12-08 Thread bear
On Thu, 5 Dec 2002, Peter Fairbrother wrote: OK, suppose we've got a bank that issues bearer money. Who owns the bank? It should be owned by bearer shares, of course. Can any clever person here devise such a protocol? I thought about this problem for several months. The problem I kept