On Feb 1, 2012, at 5:31 AM, Kyle Hamilton wrote:
> * PGP - S/MIME Signed by an unverified key: 02/01/2012 at 05:31:54 AM
>
> I do see a problem with defining the term 'trustworthy', because it's
> reinventing the wheel. It's already been defined in law as "fiduciary". This
> is the kind of relationship you have with your doctor, your lawyer, your
> accountant, your bank, your insurance company, even your cemetary, every one
> of them regulated to a minimum standard of professional competence to protect
> your relationships with them from disclosure.
I agree almost completely. It's fiduciary when you are dealing with money. It's
whatever the equivalent is when you're dealing with information.
Money is wonderful because you can always back up a system with insurance
(until you can't, as we saw with credit default swaps, etc). But information is
different because if I lose a secret of yours, I can *never* pay you back. I
cannot undo the transaction nor is it possible to repay for the damage with
money. Yeah, it can be a fine, but it's not repayment. You can't unsink the
ship that the loose lips sank.
Jon
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