Re: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-29 Thread Roy M. Silvernail
Dave Howe wrote: Roy M. Silvernail wrote: I'd thought it was so Microsoft could offer an emulation-based migration path to all the apps that would be broken by Longhorn. MS has since backed off on the new filesystem proposal that would have been the biggest source of breakage (if rumors of a

Re: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-29 Thread Dave Howe
Roy M. Silvernail wrote: I'd thought it was so Microsoft could offer an emulation-based migration path to all the apps that would be broken by Longhorn. MS has since backed off on the new filesystem proposal that would have been the biggest source of breakage (if rumors of a single-rooted, more

Re: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-29 Thread Dave Howe
[EMAIL PROTECTED] wrote: This is what I love about the Internet -- ask a question and get silence but make a false claim and you get all the advice you can possibly eat. Yup. give wrong advice, and you look like a fool. correct someone else's wrong advice, and you make them look foolish (unless

Re: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-29 Thread Dave Howe
Roy M. Silvernail wrote: I was thinking more of the rumor that Longhorn's filesystem would start at '/', removing the 'X:' and the concept of separate drives (like unix has done for decades :) ). When I first saw this discussed, the consensus was that it would break any application that expected

Re: Financial identity is *dangerous*? (was re: Fake companies, real money

2004-10-19 Thread R.A. Hettinga
--- begin forwarded text To: R.A. Hettinga [EMAIL PROTECTED] Subject: Re: Financial identity is *dangerous*? (was re: Fake companies, real money) From: Somebody at a Central Securities Depository :-) Date: Wed, 13 Oct 2004 10:31:10 +0100 i buy the argument that transaction instantaneity

Re: Financial identity is *dangerous*? (was re: Fake companies, real money

2004-10-19 Thread R.A. Hettinga
At 5:27 PM -0400 10/19/04, R.A. Hettinga wrote: David Somebody named David, apparently... ;-) Shoot me now, RAH -- - R. A. Hettinga mailto: [EMAIL PROTECTED] The Internet Bearer Underwriting Corporation http://www.ibuc.com/ 44 Farquhar Street, Boston, MA 02131 USA ... however

Re: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-13 Thread James A. Donald
-- On 12 Oct 2004 at 10:52, R.A. Hettinga wrote: A long time ago I came to the conclusion that the closer we get to transaction instantaneity, the less counterparty identity matters at all. That is, the fastest transaction we can think of is a cryptographically secure glop of bits that is

Re: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-13 Thread Chris Kuethe
On Wed, 13 Oct 2004 09:27:20 -0700, James A. Donald [EMAIL PROTECTED] wrote: Two problems: Kinda... 1. Instantaneous and complete transfer is irrevocable, thus attractive to ten million phishing spammers, virus witers etc. Instantaneous and complete transfer of cash to a mugger, burglar,

Re: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-12 Thread R.A. Hettinga
-BEGIN PGP SIGNED MESSAGE- Hash: SHA1 At 9:49 AM -0400 10/12/04, John Kelsey wrote: Hmmm. I guess I don't see why this story supports that argument all that well. More like the straw that broke the camel's back, admittedly. A long time ago I came to the conclusion that the closer we

RE: Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-11 Thread Tyler Durden
identity is *dangerous*? (was re: Fake companies, real money) Date: Fri, 8 Oct 2004 19:14:08 -0400 Okay. So I'm coming to the conclusion that book-entry settlement, with its absolute requirement for both identity and float between transactions, is becoming more and more *un*-safe to use as internet

Financial identity is *dangerous*? (was re: Fake companies, real money)

2004-10-09 Thread R. A. Hettinga
Okay. So I'm coming to the conclusion that book-entry settlement, with its absolute requirement for both identity and float between transactions, is becoming more and more *un*-safe to use as internet ubiquity increases. Anyone want to pick up the other side of this and tell me why not? No