> > You do not have any need to "verify" accounts. You don't need to
> > know the person's name or prove who the person is or that the
> > person matches some government identifying number. All you need to
> > do is to establish that the money in the account belongs to the
> > person who controls the account.
>
> I would much rather see a system where the owners of accounts CAN
> BE identified if necessary. Otherwise, your customer base will
> contain a large number of thieves, and make it difficult for your
> market makers to function.
If the money in the account *belongs* to the person who controls it
then that person is not a thief. Talk about a statist mind set!
> E-Gold needs to identify account owners too. I don't know if they
> plan to do this, but I would like to see some sort of 'low balance
> limit' on accounts whose owners cannot be identified with certainty.
That would be the END of e-gold.
CCS
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