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[ NNSquad ] Re: [nnsquad] nnsquad Digest, Vol 4, Issue 236


Lauren - really nice essay on trust and "cloud".  Hear, hear.  "trust" 
does "make the world go round".  And yes, we end up needing to trust 
someone -  because /not/ trusting is a failure mode.

The questions ought to be "why trust?" and "trust whom?"  And these are 
HARD questions.

Trivializing the answers is not the answer.  As our banker friends say: 
"if you don't know who the counterparty is, it's you."  Or as the joker 
says: "if you don't get the joke, the joke's on you."  Figure it out.

   [ David, thanks very much.  And I agree, these are complex issues
     with many factors to consider.  Attempts to trivialize them 
     should always be suspect. 

          -- Lauren Weinstein
             NNSquad Moderator ]