Are saying that a bank has nothing to gain or lose when I transfer money away from them to another bank? They do not do it for free. They do exchange money for the service they provide; otherwise there would be no bank. I pay my bank to hold my money and handle transactions. That is the service. If I decide to move all of my money to a new bank, I will no longer pay my old bank for this service. What you seem to be suggesting is that some overall banking authority should handle all transactions so that there is no conflict of interest.
DM Support -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Roger B.A. Klorese Sent: Thursday, January 20, 2005 8:10 AM To: 7 List Cc: discuss-list@opensrs.org Subject: Re: Domain security a registry issue (WAS: Re: More Stolen Domains -- not FUD) 7 List wrote: >In what other industry do you think this is being done properly? >Banks certainly do their own authentication and authorization. > > > Banks have nothing to gain by deliberately failing or fraudulently attempting a transaction. Further, they're not exchanging money for a product or service -- the money is the product or service.
