Re: Governance of anonymous financial services

2007-03-30 Thread Allen
Steve, I assume that you mean the owner of the on-line financial service when you say "operator," correct? In which case what exactly are the auditors going to be looking at when comes time to audit but the operator's identity, whereabouts, the servers and a portion of the assets are undisclo

Re: Governance of anonymous financial services

2007-03-30 Thread Steve Schear
At 08:23 PM 3/29/2007, Allen wrote: Steve, I assume that you mean the owner of the on-line financial service when you say "operator," correct? In which case what exactly are the auditors going to be looking at when comes time to audit but the operator's identity, whereabouts, the servers and

Re: Governance of anonymous financial services

2007-03-30 Thread "Hal Finney"
Steve Schear writes: > Here is the situation. An on-line financial service, for example a DBC > (Digital Bearer Certificate), operator wishes his meat space identity, > physical whereabouts, the transaction servers and at least some of the > location(s) of the service's asset backing to remain

Re: Governance of anonymous financial services

2007-03-30 Thread Ian G
Steve Schear wrote: Here is the situation. An on-line financial service, for example a DBC (Digital Bearer Certificate), operator wishes his meat space identity, physical whereabouts, the transaction servers and at least some of the location(s) of the service's asset backing to remain secret.

Re: Governance of anonymous financial services

2007-03-30 Thread Anne & Lynn Wheeler
Ian G wrote: E.g., Ricardian contracts (my stuff) take the user agreement as a document and bind it into each transaction by means of the hash of the contract; they also ensure various other benefits such as the contract being available and readable to all at all times, and the acceptability

Re: *AEI-SPAM-MARK* Re: Governance of anonymous financial services

2007-03-30 Thread Jonathan Thornburg
On Fri, 30 Mar 2007, Ian G wrote: > The reserve assets' location(s) is fairly important from a customer trust > perspective. People look at the overall safety and make their own judgements. > One person might decide that New York is safe and another will find that a > horrible thought (for those w