One of the professional scam I hate the most is : Notary

BitMos

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"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

Quote from: bitgeek on February 28, 2015, 03:04:33 PM

Quote from: Timo Y on February 27, 2015, 03:20:07 PM

Quote from: Sindelar1938 on February 27, 2015, 12:43:57 AM

Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

It's not a scam, it's just inefficient. The reason a notary is so expensive is not because their work is difficult, but because they are liable for the validity of documents they stamp. It's kind of an insurance for the customer. Which won't be needed anymore for algorithm-based notaries, of course.

If only they were actually liable. I don't know if you ever started a case against a notary, but I have and can tell you 90% of these cases get dropped (at least in the EU). This happens because judges and prosecutors are their university friends and they are all covering for each other. They even make sure it stays this way by limiting the availability of training, that you have to finish to be able to start your own firm, so the lucky ones that get accepted have a favour to return.

what is crazy is that it goes against market efficiencies... they are just a cartel toll tax. we know it. and that's it. Cry

bitgeek

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Quote from: Timo Y on February 27, 2015, 03:20:07 PM

Quote from: Sindelar1938 on February 27, 2015, 12:43:57 AM

Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

It's not a scam, it's just inefficient. The reason a notary is so expensive is not because their work is difficult, but because they are liable for the validity of documents they stamp. It's kind of an insurance for the customer. Which won't be needed anymore for algorithm-based notaries, of course.

If only they were actually liable. I don't know if you ever started a case against a notary, but I have and can tell you 90% of these cases get dropped (at least in the EU). This happens because judges and prosecutors are their university friends and they are all covering for each other. They even make sure it stays this way by limiting the availability of training, that you have to finish to be able to start your own firm, so the lucky ones that get accepted have a favour to return.

jaysabi

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Quote from: Timo Y on February 27, 2015, 03:20:07 PM

Quote from: Sindelar1938 on February 27, 2015, 12:43:57 AM

Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

It's not a scam, it's just inefficient. The reason a notary is so expensive is not because their work is difficult, but because they are liable for the validity of documents they stamp. It's kind of an insurance for the customer. Which won't be needed anymore for algorithm-based notaries, of course.

Where are you from that notaries are such an expense?

Timo Y

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bitcoin - the aerogel of money

Quote from: Sindelar1938 on February 27, 2015, 12:43:57 AM

Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

It's not a scam, it's just inefficient. The reason a notary is so expensive is not because their work is difficult, but because they are liable for the validity of documents they stamp. It's kind of an insurance for the customer. Which won't be needed anymore for algorithm-based notaries, of course.

BitMos

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"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

It's interesting to do comparative studies between legal system in the infiltration success on the money chain of those notaries... there are big discrepancies, what's the name of this indicator?

Quote from: bitgeek on February 27, 2015, 02:49:09 PM

Notaries are not the only ones, the whole bureaucracy is a big scam. Think of all those people you have to ask for permission to do something you naturally have a right to.
In my country for example you can't cut a dead tree, growing on your land without paying a paper pusher first. If you do and they find out you'll have to pay a fine...
Of course you also can't build anything on your land even a friggin shed or a garage without asking first and paying for the big daddy's consent.

the 10A...

Quote

USBoR

The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.

clean food, clean water, what I want from the creation inside or not of my body, of course the market of America where taught to be clean. Since Inception it was. A new meaning to the concept of paper pusher... interesting:). Don't worry indexation is processing...

Snowden for President.

bitgeek

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Notaries are not the only ones, the whole bureaucracy is a big scam. Think of all those people you have to ask for permission to do something you naturally have a right to.
In my country for example you can't cut a dead tree, growing on your land without paying a paper pusher first. If you do and they find out you'll have to pay a fine...
Of course you also can't build anything on your land even a friggin shed or a garage without asking first and paying for the big daddy's consent.

ðºÞæ

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Bitcoin © Maximalist

Notary’s, money hungry parasites

jaysabi

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★777Coin.com★ Fun BTC Casino!

Quote from: Sindelar1938 on February 27, 2015, 12:43:57 AM

Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

It's artificially constrained in that notaries are official offices because their stamp signifies that the signature belongs to the signer. In cases where identity of the signer has to be verified for legal reasons, the alternative is to force the signature to take place in front of a judge, which would unnecessarily waste the court's time when they can have agents perform this witness for them. Further, notaries are not a profession. Anyone can be a notary by filing an application with their state court, and in many places in the US, they are forbidden from charging more than a couple bucks for their service, if they're allowed to charge anything at all. Good luck trying to turn that into a profession. I've never even met a notary who charges.

BitMos

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"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

Quote from: Sindelar1938 on February 27, 2015, 12:43:57 AM

Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

of course it's because they did the lawyer boot camps. what does it means, lawyers, judges and notary go to school together... they hunt hymens together, then they do what all band of brothers do, they look for each others interest... problem is that they aren't papers pushers, as such if their construction have to be collapsed they will, and no law of their making will be able to change anything, once the money is in motion... Who will have the balls to stop the flow of money? a hint : it ends on a public parade... the death charade Cheesy

.

Of course most politicians come from this band of brother, so what does it implies? that all branch have been taken over, which implies according to the supreme law of the land, that a take over by the Militia is the next step. today the militias is called the Empire... drones strikes, nail guns and tutti canti:).

Round them to KL and apply the KR.

Sindelar1938

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Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

BitMos

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Activity: 182

Merit: 123

"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

thank you bitproof for this spark of smartness... because reading baddecker I was asking myself if the dude had a cerebral damage that just let him the capacity to write (non sense most of the time).

blockchain : sync public ledger between user :

case study : continuous earning reporting, logging of actual owner of physical with transfer etc etc.. it's insane.

real use : syncing units data in battlefields under fog of war. the tank knows what the helicopter knows, and is ready to transfer said data to the tomahawk when he leave his own electronic fog at the speed of light... a tool for AI WARS. you wanted TW, you will get it.

bitproof

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That's why we created Bitproof

Quote from: BitMos on February 22, 2015, 05:47:40 PM

Quote

https://en.wikipedia.org/wiki/Notary
A notary is a lawyer or person with legal training who is licensed by the government to perform acts in legal affairs, in particular witnessing signatures on documents. The form that the notarial profession takes varies with local legal systems.[1]

The blockchain will ruin them, with the accountants Cheesy

... I am lovin'it^tm. I will even spit on them when they will be in the severs...

Do you have an idea of a good use case?

BADecker

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When I installed Bitcoin version 0.10.0, it started out as a 11.7 megabyte download. The install itself is 38.3 megs after installation. This doesn't include my personal settings or the blockchain.

You can fill volumes in printed books with 11.7 megs or 38.3 megs. Who cares if it is open source.? It would take a century for anyone to decompile and double check all the coding to see if it is acting correctly.

If someone finds a critical flaw at a later date, or if someone finds some clever, malicious programming after the world is using it, we are down the tubes with Bitcoin, or worse.

Besides, who are you going to believe if someone comes up with something wrong in the code, and the code makers say it is there for a good purpose?

Bitcoin trust revolves around the devs, and programmers who are checking the code. Is anybody checking? Do you trust them with your savings and maybe your life? I might be tempted to trust my local notary who I know because he/she lives down the street from me, and some of us get together and go to a movie, or out to eat, before I would completely trust the devs or other programmers.

oblivi

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Quote from: BitMos on February 22, 2015, 05:47:40 PM

Quote

https://en.wikipedia.org/wiki/Notary
A notary is a lawyer or person with legal training who is licensed by the government to perform acts in legal affairs, in particular witnessing signatures on documents. The form that the notarial profession takes varies with local legal systems.[1]

The blockchain will ruin them, with the accountants Cheesy

... I am lovin'it^tm. I will even spit on them when they will be in the severs...

Yes, they are the most boring people on earth as well lol.

BitMos

full member

Activity: 182

Merit: 123

"PLEASE SCULPT YOUR SHIT BEFORE THROWING. Thank U"

Quote

https://en.wikipedia.org/wiki/Notary
A notary is a lawyer or person with legal training who is licensed by the government to perform acts in legal affairs, in particular witnessing signatures on documents. The form that the notarial profession takes varies with local legal systems.[1]

The blockchain will ruin them, with the accountants Cheesy

... I am lovin'it^tm. I will even spit on them when they will be in the severs...

Topic: One of the professional scam I hate the most is : Notary (Read 1531 times)