Re: DBCs now issued by DMT

2002-12-09 Thread Nomen Nescio
Bear writes: If the banker goes broke, people want to be able to make a claim against the banker's future earnings for whatever worthless currency they were holding when it happened, and they cannot do that from a position of anonymity. People want a faithless banker punished, meaning jail

Re: DBCs now issued by DMT

2002-12-09 Thread Bill Stewart
At 02:17 AM 12/05/2002 +, Peter Fairbrother wrote: OK, suppose we've got a bank that issues bearer money. Who owns the bank? It should be owned by bearer shares, of course. Why? Or the propounders wanting to: make a profit/control the bank? There are two main reasons honest people start

Re: DBCs now issued by DMT

2002-12-08 Thread Peter Fairbrother
I missed a trick (I was drunk.. and am again). Why should there be a bank, as an organisation, at all? Money doesn't mean anything real nowadays, it's just a medium. When it was gold it might have meant something - but when the Spanish brought lots of gold from the new world it fd up their

Re: DBCs now issued by DMT

2002-12-08 Thread Mike Rosing
On Sun, 8 Dec 2002, Tyler Durden wrote: I too admit of having done some imbibing (Belgian ale I'm afraid). Belgian beer is pretty good, in Belgium anyway. How's it travel? First of all, I see no deep reason why some bank acount (or, more likely, a whole bunch of 'em) can't be

Re: DBCs now issued by DMT

2002-12-08 Thread Tyler Durden
I too admit of having done some imbibing (Belgian ale I'm afraid). I was thinking about this on the heels of your last lubricated missive, and a very similar thing occurred to me. Actually, something far less ambitious (in the short run)... First of all, I see no deep reason why some bank

Re: DBCs now issued by DMT

2002-12-07 Thread Jim Choate
On Thu, 5 Dec 2002, Peter Fairbrother wrote: OK, suppose we've got a bank that issues bearer money. Who owns the bank? It should be owned by bearer shares, of course. So the only people who can use the bank are those who have invested in the bank by purchasing shares? In other words the bank

Re: DBCs now issued by DMT

2002-12-06 Thread Jim Choate
On Thu, 5 Dec 2002, Peter Fairbrother wrote: OK, suppose we've got a bank that issues bearer money. Who owns the bank? It should be owned by bearer shares, of course. So the only people who can use the bank are those who have invested in the bank by purchasing shares? In other words the bank

Re: DBCs now issued by DMT

2002-12-05 Thread Peter Fairbrother
OK, suppose we've got a bank that issues bearer money. Who owns the bank? It should be owned by bearer shares, of course. Can any clever person here devise such a protocol? I'd guess that all the Bank's finances should be available to anyone who asks. That should include an accounting of all

Re: DBCs now issued by DMT

2002-12-04 Thread Tim May
On Tuesday, December 3, 2002, at 01:55 PM, Steve Schear wrote: Digital Monetary Trust now supports Digital Bearer Certificates. https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC are not blinded, DMT claims it maintains no client data on its accounts so there is a modicum

Re: [e-gold-list] DBCs now issued by DMT

2002-12-04 Thread Steve Schear
At 06:45 PM 12/3/2002 -0500, R. A. Hettinga wrote: I suppose that if it's not blinded, or at least functionally anonymous, like you'd get with statistically-tested streaming cash, it's not *that* bearer, but, hey, that's just *my* opinion, right? Since it has no payee or associated holder

Re: DBCs now issued by DMT

2002-12-04 Thread R. A. Hettinga
At 1:55 PM -0800 on 12/3/02, Steve Schear wrote: Digital Monetary Trust now supports Digital Bearer Certificates. https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC are not blinded, DMT claims it maintains no client data on its accounts so there is a modicum of anonymity in

DBCs now issued by DMT

2002-12-03 Thread Steve Schear
Digital Monetary Trust now supports Digital Bearer Certificates. https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC are not blinded, DMT claims it maintains no client data on its accounts so there is a modicum of anonymity in transactions. steve A State must pay attention to

Re: DBCs now issued by DMT

2002-12-03 Thread R. A. Hettinga
At 1:55 PM -0800 on 12/3/02, Steve Schear wrote: Digital Monetary Trust now supports Digital Bearer Certificates. https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC are not blinded, DMT claims it maintains no client data on its accounts so there is a modicum of anonymity in

Re: DBCs now issued by DMT

2002-12-03 Thread Tim May
On Tuesday, December 3, 2002, at 01:55 PM, Steve Schear wrote: Digital Monetary Trust now supports Digital Bearer Certificates. https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC are not blinded, DMT claims it maintains no client data on its accounts so there is a modicum

Re: [e-gold-list] DBCs now issued by DMT

2002-12-03 Thread Steve Schear
At 06:45 PM 12/3/2002 -0500, R. A. Hettinga wrote: I suppose that if it's not blinded, or at least functionally anonymous, like you'd get with statistically-tested streaming cash, it's not *that* bearer, but, hey, that's just *my* opinion, right? Since it has no payee or associated holder

Re: DBCs now issued by DMT

2002-12-03 Thread R. A. Hettinga
At 4:06 PM -0800 on 12/3/02, Somebody wrote: I forgot to ask: who the hell is DMT? Nobody I ever heard of... How are they marketing this stuff - on a website with only an IP address... :-). or, who have they gotten to use it thus far? Nobody I ever heard of... However, that old

Re: DBCs now issued by DMT

2002-12-03 Thread R. A. Hettinga
At 4:03 PM -0800 on 12/3/02, Somebody wrote: Using xmlrpc for message passing, no less! Man, you gotta love that for simplicity. One mustn't let the best kill the good enough, certainly, though, without blinding, it'll be interesting if this airplane lifts its wheels, security-wise.

DBCs now issued by DMT

2002-12-03 Thread Steve Schear
Digital Monetary Trust now supports Digital Bearer Certificates. https://196.40.46.24/dmtext/jog/dmt_bearercert.htm Although the DBC are not blinded, DMT claims it maintains no client data on its accounts so there is a modicum of anonymity in transactions. steve A State must pay attention to