4 ms·

I feel like we shouldn't be expressed in dollars, but in percentage of total funds. In this case 16 million is about 1% of the total. This would be a $16 billio

I feel like we shouldn't be expressed in dollars, but in percentage of total funds. In this case 16 million is about 1% of the total. This would be a $16 billion case if the US banking system was the target and used this technology.

rubidium 9y ago
That... doesn't make a difference in my mind. Losing 1% of people's money is _very_ unacceptable and worth being laughed at for. Financial institutions are accurate to tiny tiny fractions of percentage points. Not "eh we got 99% of it right".
- hinkley 9y ago
  Especially when the odds are that it will happen again soon.