<<<MOVED FROM THE YARR THREAD>>>
Please disclose the claims paying ability of CPA such as a basic three line balance sheet (assets, liability, spare liquid assets). Without this information, the 100% insurance is only as good as the backer, and I'm not interested in taking "someone's word" on this. An investor now has to rely on YARR, CPA and BS&T all doing their best to meet obligations.
As a counter example, Starfish BCB backs deposits (approx 9000BTC worth) with assets of approx 29,000 coins.
This financial information is available and quite a number of people have access to it, but it must remain confidential and NOT public due to our customer's requests. Some of them have requested anonymity. As it is possible to discern the identity of our clients with access to the info, and as some of that info is simply private, we will not be releasing that information any time soon to people who have not invested money with us (as they would have an incentive to protect the customer's information). That being said I am working on a series of spreadsheets that will be released soon, to the public, which should help.
Until then you will have better luck getting Pirate to expose his books. Unfortunately that is simply the nature of this game, and I sincerely apologize if you do not trust me and prefer to invest directly with Pirate.
Anyway, if you're interested in becoming an insider, that could be arranged. You would have full access to company info then, and a round table-style discussion list where we discuss company policy. There are 4 or 5 members besides myself. I have to admit we would love someone with your experience to come on board.
CPA's e-mail is
cpa@tsukino.ca -- that is probably your best bet for information on CPA. I guess you are under the impression this is me alone doing this. That is true, in the sense that we haven't hammered out a corporate structure yet. Maybe this is something you could assist us with if you were to join us.
I trust Patrick to verify you are legit and hope he takes the offer.
One way you can prove you actually have the assets backing your claims is to regularly move coins around after pre announcing the addresses you move it to.
