RE: J.P. Morgan Is Facing Heat Of Patriot Act
At 10:11 AM 3/10/04 -0500, Tyler Durden wrote:
Holy Crap this seems bizarre. This isn't even really a case of "know your customers", but "know your customers' customers", isn't it?
Is this some kind of "snipe hunt" or mere "Brazil"-like government incompetence and mindless application of half-baked laws?
Optimist. This is how the US intimidates such that the USG can monitor all transactions. A serious practical problem for e$ when it needs to interface to atoms. .... The python says to the goat in its coils: relax, exhale... A tentacle grows another sucker.
At 11:49 AM 3/10/2004, Major Variola (ret) wrote:
At 10:11 AM 3/10/04 -0500, Tyler Durden wrote:
Holy Crap this seems bizarre. This isn't even really a case of "know your customers", but "know your customers' customers", isn't it?
Is this some kind of "snipe hunt" or mere "Brazil"-like government incompetence and mindless application of half-baked laws?
Optimist.
This is how the US intimidates such that the USG can monitor all transactions. A serious practical problem for e$ when it needs to interface to atoms.
not really. it means there is a need for a more P2P approach, like Kawalah, where trusted individuals act as entry and exit points using their own banking accounts in exchange for the lion's share of the service fees. this is not uncommon now in e-gold where secondary players offer such transactions. steve --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.605 / Virus Database: 385 - Release Date: 3/1/2004
participants (2)
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Major Variola (ret) -
Steve Schear