NUK wrote:
How can it be proven who owns e-gold
when the servers might be in the hands of a governmental authority and
the Jackson's in the big house?
The gold is subject to a trust, so account holders do have legal rights
in the metal. A positive account balance isn't simply a debt owed by
e-gold to you.
However, I do agree that it might be a problem proving ownership. It's
a problem that is difficult to solve technologically -- even if you got
a cryptographic signature for each change in your account balance, how
would you prove you were showing the most recent one to the court? In
practice I suppose you would subpoena the records from whoever has them
at the time, whether e-gold themselves or the government.
Pete
