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From: Roy Badami <roy@gnomon.org.uk>
To: Peter Todd <pete@petertodd.org>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] The legal risks of auto-updating wallet software; custodial relationships
Date: Tue, 20 Jan 2015 21:49:52 +0000	[thread overview]
Message-ID: <20150120214936.GP5396@giles.gnomon.org.uk> (raw)
In-Reply-To: <20150120154641.GA32556@muck>

> Why is this? Well, in most jurisdictions financial laws a custodial
> relationship is defined as having the ability, but not the right, to
> dispose of an asset.

So if I leave my window open while I'm out and there's some cash on my
desk, visible from the street, then every passer by now has a
custodial relationship with me?

Your example of a malicious software update seems more akin to a theft
like that (which is clearly not a custodial relationship) rather than
a true custodial relationship.

roy



      parent reply	other threads:[~2015-01-20 21:50 UTC|newest]

Thread overview: 14+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-01-20 15:46 [Bitcoin-development] The legal risks of auto-updating wallet software; custodial relationships Peter Todd
     [not found] ` <CAHpxFbEoDLMGKB7arHbgB+4kx8BwgcX7nBUZz6yP9k4LjZeu1A@mail.gmail.com>
2015-01-20 17:15   ` Peter Todd
2015-01-20 17:23 ` Matt Whitlock
2015-01-20 17:40   ` Peter Todd
2015-01-20 17:44     ` Matt Whitlock
2015-01-20 17:44   ` Tamas Blummer
2015-01-20 17:47     ` Matt Whitlock
2015-01-20 17:49       ` Peter Todd
2015-01-20 17:56       ` Tamas Blummer
2015-01-20 17:47 ` Justus Ranvier
2015-01-20 18:48   ` Tamas Blummer
2015-01-20 19:31     ` Justus Ranvier
2015-01-20 21:33     ` odinn
2015-01-20 21:49 ` Roy Badami [this message]

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