From: "Colonel Bosco" <[EMAIL PROTECTED]> > Wrong. UNLESS you have the shares physically delivered to you, he knows > that YOU OWN a claim to three shares which are in the name of the brokerage > house.
Again, you don't own a claim to three shares. You claim to own three shares. > You own three shares out of a pool of MSFT shares in the brokers name and in > possession of the broker. I own three shares out of a pool. Therefore I own three shares. I own three grams out of a pool. Therefore I own three grams. > If you ordered physical delivery of the shares, then the Broker WOULD > register those shares to you and deliver them out of their pool holdings. Yeah, but I'd rather own the shares and leave them with the broker. Then when they go up in value, I can SELL the shares that I OWN and make a profit. > >But if you want a grid system, here's one. > > I never said that *I* wanted a grid system. You implied that GoldMoney would have to implement some kind of serial numbering system in order to have a patent claim. They don't. The GoldMoney system in its current form conforms to Patent #5,671,364. >Now I did read the patent a long time ago, and I don't remember the part >about individually numbering the gold grams. Would you be so kind as to >direct me to the relevant section? > > I never said the Patent specified this. The serial # example was my way of > making a point. Your point was that GoldMoney would have to implement some kind of serial numbering system in order to have a patent claim. They don't. The GoldMoney system in its current form conforms to Patent #5,671,364. I'm not saying I "like" it that way or anything. I'm just saying that it is so, like it or not. -- Patrick --- You are currently subscribed to e-gold-list as: [email protected] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
