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Slightly shorter Taxability and Entities section

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Jeff Burdges 2016-11-08 17:03:46 +01:00
parent e34c2da1fc
commit 25a4daa8d4
1 changed files with 11 additions and 9 deletions
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doc/paper/taler.tex
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@ -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withdrawn, the wallet receiving the coins is owned by the individual withdrawn, the wallet receiving the coins is owned by the individual
who is performing the authentication to authorize the withdrawal. who is performing the authentication to authorize the withdrawal.
Preventing the owner of the reserve from deliberately authorizing Preventing the owner of the reserve from deliberately authorizing
someone else to withdraw electronic coins would require extreme someone else to withdraw electronic coins would require even more
measures, including preventing them from communicating with anyone but extreme measures.
the exchange terminal during withdrawal. % SHORTER:
% including preventing them from communicating with anyone but
% the exchange terminal during withdrawal.
% FIXME: Oddly phrased: % FIXME: Oddly phrased:
As such measures would be % As such measures would be
totally impractical for a minor loophole, we are not concerned with % totally impractical for a minor loophole, we are not concerned with
enabling the state to strongly identify the recipient of coins % enabling the state to strongly identify the recipient of coins
from a withdrawal operation. % from a withdrawal operation.
% FIXME: Seems to kinda duplicate the previous paragraph, albeit doing % SHORTER: There might be a shorter way to say this and the previous
% a better job. % 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 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 the funds. A taxable transaction occurs when a merchant entity gains
control over the funds while at the same time a customer entity looses control over the funds while at the same time a customer entity looses