diff options
| author | Jeff Burdges <burdges@gnunet.org> | 2016-11-08 17:03:46 +0100 |
|---|---|---|
| committer | Jeff Burdges <burdges@gnunet.org> | 2016-11-08 17:03:46 +0100 |
| commit | 25a4daa8d432ccd43903768d28acb76d703e50fe (patch) | |
| tree | 44734cf5a27e35349ea0c558438068d76dae02f0 /doc | |
| parent | e34c2da1fcf268d27b96fe2594f76e30183e7bc1 (diff) | |
| download | exchange-25a4daa8d432ccd43903768d28acb76d703e50fe.tar.gz exchange-25a4daa8d432ccd43903768d28acb76d703e50fe.tar.bz2 exchange-25a4daa8d432ccd43903768d28acb76d703e50fe.zip | |
Slightly shorter Taxability and Entities section
Diffstat (limited to 'doc')
| -rw-r--r-- | doc/paper/taler.tex | 20 |
1 files changed, 11 insertions, 9 deletions
diff --git a/doc/paper/taler.tex b/doc/paper/taler.tex index d59cf47fb..18a54e70a 100644 --- a/doc/paper/taler.tex +++ b/doc/paper/taler.tex @@ -422,17 +422,19 @@ entity. Finally, we assume that at the time digital coins are withdrawn, the wallet receiving the coins is owned by the individual who is performing the authentication to authorize the withdrawal. Preventing the owner of the reserve from deliberately authorizing -someone else to withdraw electronic coins would require extreme -measures, including preventing them from communicating with anyone but -the exchange terminal during withdrawal. +someone else to withdraw electronic coins would require even more +extreme measures. +% SHORTER: +% including preventing them from communicating with anyone but +% the exchange terminal during withdrawal. % FIXME: Oddly phrased: - As such measures would be -totally impractical for a minor loophole, we are not concerned with -enabling the state to strongly identify the recipient of coins -from a withdrawal operation. +% As such measures would be +% totally impractical for a minor loophole, we are not concerned with +% enabling the state to strongly identify the recipient of coins +% from a withdrawal operation. -% FIXME: Seems to kinda duplicate the previous paragraph, albeit doing -% a better job. +% SHORTER: There might be a shorter way to say this and the previous +% paragraph together, but now I see why they were kept apart. We view ownership of a coin's private key as a ``capability'' to spend the funds. A taxable transaction occurs when a merchant entity gains control over the funds while at the same time a customer entity looses |