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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Scott C. Lemon who wrote (34792)11/12/2000 5:58:48 PM
From: Paul Fiondella  Read Replies (1) of 42771
 
Virtual property

Scott: One important note about your question ... you mention "virtual property that A PERSON OWNS" ... and this brings up a very important distinction in the Internet world. *Everything* is a copy. There is no such thing as an "original".

I know that some people are going to want to argue this distinction, but I really spent some time on it this week. If you think about it, yes, you could claim that the first time I typed this post, it was an "original" ... but when I clicked "Submit" it really was a *copy* that was sent to Silicon
Investor. And it's really a *copy* that you are reading right now."

Paul: Scott, whether it is an original or a copy doesn't matter. When one "owns" property one has rights to its use. These rights may be limited or exclusive but rarely are they absolute. So your discussion of original vs copy is irrelevant to the discussion. You own something on the internet and it becomes virtual property when it resides on the internet. What you own here on SI isn't your post it is your subscription to SI --- in other words your right to post.

==============================

sharing and illicit copying of data in my identity vault

"Paul: You will admit I hope that a personal directory can have good enough security to protect what I store there from
"copying"?

Scott: So this falls to the basic discussions about how copying occurs. Yes, Personal Directory could have enough security to prevent someone from gaining access ... but if I *ever* expose *anyone* to any piece of information it is then available for copying.

I always use the example of your drivers license. If you show it to me for a second ... I can "copy" your address, date of birth, and other information. The only way to prevent "copying" of this information is to *never* show it to anyone. ;-)"

Paul: As I've said before the purpose of using an identity vault within your personal directory is to store certain kinds of information that you would not share with somebody unencrypted. Call it a rule. Banks have these rules. For example they will not guarantee your signiture without you having an account with them and presenting a signiture in your possession that they can match up with your signiture on fiel and the one where you sign on the piece of paper where they are guaranteeing your signature. Also they must stamp this will their own id or another institution --- say the one taht wanted the guarantee will not accept it. So there are many many rules all of which are good and have a history. These ruels must be transfered over to the concept of an identity vault and included in any implimentation.

Scott: "No but it does begion to solve the issue of where I keep the keys to what I own and it can also enable me to
"share" what I own.

Yes ... I do agree that Personal Directory could easily become a repository for my credit card information, and even other passwords and (what I call) membership information.

The one issue with sharing is that once "shared" it can be copied ..."

Paul: Not if it is encrypted and double keyed. You can have a transaction in which you grant rights and do not share keys. ALready Citibank and others are using one time credit card keys for ecommerce transactions. So sharing doesn't involve transacting unless one desogns an obtuse system.

Scott: "In the atomic world, we have a concept of an "original" because it is a specific set of atoms bound together forming some object ... but in the world of the electron, everything is a copy. (I'm thinking of having some t-shirts made with this saying ... ;-)"

Paul: Once again although this is interesting it is not relevant to say a transaction in which I purchase the right to listen to a music album over the internet and store that right in the form of a key in my personal directory for use wherever I happen to be. That is virtual property --- something I own and purchase for use in cyberspace.

--- Paul

> I think it is the most fundamental point.
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