Re:Hacker Publishes 2TB of Data from Cayman National Bank
by _0ffh on Tuesday November 19, 2019 @03:29PM
(#21577911)
No, that does not necessitate transactions to be public, just provable (and, arguably, legal).
Re:Hacker Publishes 2TB of Data from Cayman National Bank
by vintermann on Tuesday November 19, 2019 @04:27PM
(#21578488)
If I don't know even know what's your property, how should I respect it?
And even if there's some assertion that an unknown someone owns something, _why_ should we respect it? Shouldn't we as a society just take it, and ask the owner to show himself if he minds? That seems a very reasonable solution to problems like tax paradises and shell companies if you ask me.
No, we were never in that world. The only truly bilateral agreement is a gentlemen's agreement.
Trust usually relies on certain facts being public, and visible to a whole lot of people besides the transacting parties. "Who owns what" is a pretty important set of facts to agree on publicly.