Re: Governance of anonymous financial services

2007-04-03 Thread Anne Lynn Wheeler
Ian G wrote: OK, on the face of it, you seem to have been doing triple entry (with the twist of a hash). Actually I am not so sure that it is even twisted ... as you are simply saying that someone somewhere was logging the hash; but not who was storing the receipts. To point: is this

Re: Governance of anonymous financial services

2007-04-03 Thread Anne Lynn Wheeler
re: http://www.garlic.com/~lynn/aadsm26.htm#44 Governance of anonymous financial services http://www.garlic.com/~lynn/aadsm26.htm#48 Governance of anonymous financial services My wife has been gone five years and I've been gone for over a year (they had corporate re-org in Dec '05) ... and we

Re: Governance of anonymous financial services

2007-04-02 Thread Hagai Bar-El
Hello, On 29/03/07 21:30, 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

Re: Governance of anonymous financial services

2007-03-31 Thread Steve Schear
At 12:15 PM 3/30/2007, Hal Finney wrote: If the backing is distributed among a multitude of holders (e.g., in a fashion similar to how Lloyds backs their insurance empire), who's identities are kept secret until audit time and then only a few, randomly selected, names and claimed deposit

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 a

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 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 who