making the agora vanish
Ray Dillinger
bear at sonic.net
Tue Apr 17 12:12:41 PDT 2001
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
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