Post
Topic
Board Politics & Society
Re: One of the professional scam I hate the most is : Notary
by
Timo Y
on 27/02/2015, 20:20:07 UTC
Agreed, notary is the ultimate scam. Folks who collect $$ for putting their seals on documents in a profession where supply is artificially constrained to be like a monopoly

It's not a scam, it's just inefficient. The reason a notary is so expensive is not because their work is difficult, but because they are liable for the validity of documents they stamp.  It's kind of an insurance for the customer.  Which won't be needed anymore for algorithm-based notaries, of course.