Money is fungible. If you distrust Alcor that much, why do you expect Alcor to not, say, immediately cut additional funding to the endowment to a minimum or 0; or run up debts expecting to repay them from the endowment once the period expires—etc. etc. etc. This is a classic principal-agent issue and why people want to signal honesty rather than just signing detailed contracts: there are many ways to cheat or violate the spirit of an agreement.
Money is fungible. If you distrust Alcor that much, why do you expect Alcor to not, say, immediately cut additional funding to the endowment to a minimum or 0; or run up debts expecting to repay them from the endowment once the period expires—etc. etc. etc. This is a classic principal-agent issue and why people want to signal honesty rather than just signing detailed contracts: there are many ways to cheat or violate the spirit of an agreement.