Roy Badami [ARCHIVE] on Nostr: 📅 Original date posted:2015-01-20 📝 Original message:> Why is this? Well, in ...
📅 Original date posted:2015-01-20
📝 Original message:> Why is this? Well, in most jurisdictions financial laws a custodial
> relationship is defined as having the ability, but not the right, to
> dispose of an asset.
So if I leave my window open while I'm out and there's some cash on my
desk, visible from the street, then every passer by now has a
custodial relationship with me?
Your example of a malicious software update seems more akin to a theft
like that (which is clearly not a custodial relationship) rather than
a true custodial relationship.
roy
📝 Original message:> Why is this? Well, in most jurisdictions financial laws a custodial
> relationship is defined as having the ability, but not the right, to
> dispose of an asset.
So if I leave my window open while I'm out and there's some cash on my
desk, visible from the street, then every passer by now has a
custodial relationship with me?
Your example of a malicious software update seems more akin to a theft
like that (which is clearly not a custodial relationship) rather than
a true custodial relationship.
roy