I understand being paranoid about hiring, but at some point they have to hire a few people to do some of the tasks as mentioned.
I was thinking about getting an insurance bond and a criminal background check and offering some trusted services myself to help out with some of these intermediate tasks. They need a group of trustworthy people that understand bitcoin to help out.
I would think with those documents and some personal id it should be enough due diligence to consider someone trustworthy.
In real life 15 years ago I was programming a UNISYS payment processing system handling millions of dollars a day, sometimes $8-10 million
dollar single checks, and I'm not in jail...not everyone is so easily corrupted. The trouble is finding the type of people who can look at a high dollar value and see it as another number instead of running off to Mexico.
They need to figure out who they can trust and compartmentalize the responsibilities so that multiple unrelated/arms length people sign off on high dollar value items so that the possibility of theft is made as risk free as possible.
PS...(correction) looks like all the shares are transferred over this morning and trading has begun
I was thinking about getting an insurance bond and a criminal background check and offering some trusted services myself to help out with some of these intermediate tasks. They need a group of trustworthy people that understand bitcoin to help out.
I would think with those documents and some personal id it should be enough due diligence to consider someone trustworthy.
In real life 15 years ago I was programming a UNISYS payment processing system handling millions of dollars a day, sometimes $8-10 million
dollar single checks, and I'm not in jail...not everyone is so easily corrupted. The trouble is finding the type of people who can look at a high dollar value and see it as another number instead of running off to Mexico.
They need to figure out who they can trust and compartmentalize the responsibilities so that multiple unrelated/arms length people sign off on high dollar value items so that the possibility of theft is made as risk free as possible.
PS...(correction) looks like all the shares are transferred over this morning and trading has begun
If by some means you had been able to send a few mill to your private account it would have set alarm bells ringing, it would be traceable and reversable. That would not be the case with a btc fraud. If ken gave the keys to the share locker to someone they could sell a load, convert to btc and disappear over night. It doesn't matter how many background checks to do, if the temptation is there it can and does happen. Look at the real world banking sector to see proof of that.
