From: Ken Smith on
In article <eruiqh$8ss_004(a)s965.apx1.sbo.ma.dialup.rcn.com>,
<jmfbahciv(a)aol.com> wrote:
>In article <ogp3u2t5etlcgrhm0rcup6065455p0s1gr(a)4ax.com>,
> MassiveProng <MassiveProng(a)thebarattheendoftheuniverse.org> wrote:
>>On Sun, 25 Feb 07 12:27:46 GMT, jmfbahciv(a)aol.com Gave us:
>>
>>>No. It is memory whose addressing is larger than available physical
>>>memory.
>>
>>
>> It means that code segments that would be in MEMORY has to be
>>offloaded onto slower, more permanent (intended for) storage mediums
>>to be recalled later. The system takes a speed hit with VM, but is
>>permitted to do tasks that would otherwise not be doable.
>
>Virtual memory inplementations meant that you can run a program
>that has a memory reference whose address is larger than physical
>memory.

No, that is mere address translation. The amount of memory must appear
greater than the physical memory before there is anything "virtual" about
it.

>>
>> All you have proven is that you know how to use a search engine.
>
>You still do not know to whom you are talking, do you?
>
>/BAH


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From: Ken Smith on
In article <eruk81$8qk_003(a)s965.apx1.sbo.ma.dialup.rcn.com>,
<jmfbahciv(a)aol.com> wrote:
[.....]
>The wrinkle to the new process is that the checks have stopped
>traveling. Instead you are trusting the payee to destroy the
>piece of paper you sent to him;

No, the bank at the other end defaces the checks it processes by marking
them. The payee no longer has a check that is legally defect free so he
can't cash it again.

> in addition, the bills
>you pay now have fine print that says writing check to them
>gives them permission to access your account.

This is not true of any of the bills I checked the back of.

> There used
>to be a procedural fire wall between the payee and your account;
>it was the check clearing centers. These centers are what the Federal
>Reserve Board is trying to remove from the process.

The Fed is attempting to make the process all electronic. I trust humans
about as little as I trust computers so I don't see much of a change in
security in this. Back when everything was on paper, someone could empty
your account with a fraud. All that has happened is that the tools have
changed a bit.

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kensmith(a)rahul.net forging knowledge

From: Ken Smith on
In article <erukqp$8qk_007(a)s965.apx1.sbo.ma.dialup.rcn.com>,
<jmfbahciv(a)aol.com> wrote:
>In article <0or3u21neps56ocegu9nk7iaqqe31ajpau(a)4ax.com>,
> MassiveProng <MassiveProng(a)thebarattheendoftheuniverse.org> wrote:
>>On Sun, 25 Feb 2007 12:55:16 -0600, "nonsense(a)unsettled.com"
>><nonsense(a)unsettled.com> Gave us:
>>
>>>If you have a paper audit trail you have clear evidence
>>>of all your transactions in your hands. All other arguments
>>>are without substance.
>>
>>
>> Never heard of a printer, eh?
>
>The printer isn't analog. Reproducing the paper via printing
>has removed information. All pixelation removes information.

Take a look at the output from a dye sublimation printer. Bring a
microscope.



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kensmith(a)rahul.net forging knowledge

From: Ken Smith on
In article <erul1i$8qk_008(a)s965.apx1.sbo.ma.dialup.rcn.com>,
<jmfbahciv(a)aol.com> wrote:
>In article <erthgg$413$1(a)blue.rahul.net>,
> kensmith(a)green.rahul.net (Ken Smith) wrote:
[...]
>>Even if I can prove the issue, it will take time for me to do so. There
>>is always some risk in any system that allows paper or electronics to
>>cause money to move.
>
>Exactly. There are even more troublesome areas that I've identified.
>Thus, I'm trying to train my bankers what they need to have in place
>before I succumb to their insistence that I do my banking online.

I suspect that you have massively overrated the risks from what your bank
wants to do and under estimated the risks from the current situation. I
would simply change banks if I was unhappy about the bank I am using.
There is a local bank or two around here.


>>It gets doubly troubling when you consider the credit cards etc we all
>>carry.
>
>Credit cards already have processes in place and protections. Checking
>does not, AFAICT.

Actually there are major weaknesses in the credit card system. Those
processes and protections are not secure.

> At the moment, I'm trying to develop methods
>of paying for things without using checks. So far, I haven't been
>able to develop any process that people, such as my parents, will
>be able to use.

They can use a credit card. If they have the card with the same bank as
they have an account, they can pay the bill by talking to a teller if they
want.



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From: Ken Smith on
In article <MPG.204cc17fb115629c98a000(a)news.individual.net>,
krw <krw(a)att.bizzzz> wrote:
>In article <erul1i$8qk_008(a)s965.apx1.sbo.ma.dialup.rcn.com>,
>jmfbahciv(a)aol.com says...
>
>> So far, I haven't been
>> able to develop any process that people, such as my parents, will
>> be able to use.
>
>How about PayPal, or the equivalent?

No, no, no a billion times no. I would never sign that contract in a
million years.
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