4 ms·
That's not a terrible idea for high-value assets. There are already national registries of land, residential/commercial buildings and most types of vehicle. Bu
by Earw0rm 2y ago
That's not a terrible idea for high-value assets.
There are already national registries of land, residential/commercial buildings and most types of vehicle. Business ownership and shareholding is also a matter of public record in most territories.
And while there may not be a national requirement for registries of other classes of high-value financial asset, you can bet the banks know, and above a certain size, $100k or so, I can't see the down-side relative to what's already legally mandated. (By all means argue for "total privacy", but this is not what the law has decided on in most places - that ship sailed long ago.)