my opinion:
if you feel safer with a public asset list it means you don't fully trust the issuer, in which case you should not give him your money.
I am an issuer. I feel safer with the public list because then it does not come down to my word vs a shareholder on who is on the list and how much they hold.
yea, i get your point. as i am a shareholder, i thought like one.
not to forget, the whole "issuer vs. shareholder" thing was mainly caused by the complete incompetence of the guy running glbse.