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<p>[QUOTE=&quot;Publius2, post: 8005934, member: 105571&quot;]I see several insuperable problems with [USER=108985]@cplradar[/USER]&#039;s proposals for which I have seen no proposed solutions.&nbsp; They are, just to mention a few:</p><p><br /></p><p>...How is a &quot;stolen&quot; coin to be identified, reported, and logged into an accessible and secure database?</p><p>...Must every current coin owner prove his current valid ownership?</p><p>...How will people&#039;s privacy interests be protected?&nbsp; This in an age where the largest institutions, both private and public, cannot maintain their cybersecurity.</p><p>...Who will be authorized to validate the claim that a coin is &quot;stolen&quot;?</p><p>...What will be the appeal process to challenge a &quot;stolen&quot; claim?</p><p>...How long will all of the above take?</p><p>...Who will be responsible for all of the time and administrative work involved with the above?</p><p>...Who will be responsible for holding challenged coins and where will they be held?</p><p>...Who will pay for all of these services?</p><p>...What remedies in law or contract will be available for errors, mistakes, damages, lost business &amp; etc. and how will damages be apportioned among responsible parties?</p><p><br /></p><p>We can ignore the AI aspect of things because for certified coins it isn&#039;t really necessary to have AI involved.&nbsp;&nbsp; The scheme recommended is not unlike the program each state has for the legal transfer of motor vehicles and real property.&nbsp; In both of those areas, there is a large corpus of law and state administrative apparatus to identify and prevent the unlawful transfer of property and to ensure that the taxes are paid.&nbsp; Not to mention that it is also expensive and in many cases very time-consuming. For example, my brother just moved to Georgia and it cost him $800 to transfer his title and registration from Florida to Georgia.&nbsp; In many states (I think New Jersey is one), there are annual fees on the ownership of a vehicle that are in addition to tag/registration fees.&nbsp; How many people are really willing to expose their coin collecting hobby/business to the magnanimous ministrations of a state administrative framework?</p><p><br /></p><p>Finally, to go back to one of my original challenges:&nbsp; We live in a world where there are unlimited demands and limited resources.&nbsp; So, resources must be allocated to the greatest benefit for the fewest resources.&nbsp; What is the justification in financial terms for this large intrusion into private business and the consequent expenses?&nbsp; There must be a set of rational justifications to support such a scheme and that justification must take the form of a cost/benefit analysis.&nbsp; Without that, and maybe even with it, there will be no support for the scheme.&nbsp; So far, in all the anecdotal &quot;proof&quot; of the problem and also the naive &quot;solutions&quot;, I have seen no numbers.&nbsp; The use of media reports in a world of 8 billion people is a notoriously unacceptable method of research.&nbsp; I contend that there is no epidemic of felonious coin burglary/robbery and that the financial losses associated with it are not large by any rational measure.&nbsp; I don&#039;t have to prove that assertion because I am not the one proposing a big change and using the (unstated) claimed rate and cost of the crime to justify it.</p><p><br /></p><p>During my working life as a designer, project engineer/construction manager and personnel manager, we had a saying that would prevent us from the mistakes due to hubris:&nbsp; &quot;Do not start vast projects with half-vast ideas.&quot; </p><p><br /></p><p>BTW, I don&#039;t object to the gentleman&#039;s postings despite him having called me a troll.&nbsp; Some of his posts are interesting and thought-provoking and I always have the option of not reading them and not responding to them.&nbsp; I long ago ceased feeling it necessary to &quot;win&quot; every argument.[/QUOTE]</p><p><br /></p>

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