[ppml] Version think... was: alternative to 2005-1

Owen DeLong owen at delong.com
Mon Feb 13 19:40:32 EST 2006


> Let's not forget that there are intelligent human
> beings implementing these policies under an intelligent
> board of trustees. Can we not assume that these people will
> limit the damage if there is a run on the bank? If not,
> then perhaps we need a policy that allows the trustees
> to suspend allocations in the same way that the New York
> Stock Exchange can suspend trading of a share in unusual
> circumstances.
>
Such a policy already exists in the form of the emergency
authority of the ARIN BOT.

Owen

-- 
If it wasn't crypto-signed, it probably didn't come from me.
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