making the agora vanish

[David Honig]

At 12:12 PM 4/17/01 -0700, Ray Dillinger wrote:
>
>
>On Mon, 16 Apr 2001, David Honig wrote:
>
>>At 05:45 PM 4/15/01 -0700, Ray Dillinger wrote:
>>>
>>>what and when.  But now you've got a third party in your deal, 
>>>charging vigorish when one of your main hopes was to get away 
>>>from the tax man charging vigorish. 
>>>
>>>				Bear
>>
>>Why do you assume that escrow agents interfere with the 
>>flow of reputation and assets? 
>>
>
>Because they can.  If anybody can prevent a profitable 
>transaction from happening, that person will charge money 
>to allow it to happen.  We can expect lower rates because 
>the escrow and rep guys won't be a monopoly, of course. 
>But it's the same basic business; it's a toll bridge. 
>
>				Bear

But you don't have to employ any reputation service, in fact 
none at all, if you like.  That's the difference.  The librarians
of reputation do not force you to consume their product.