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Yes, I get that blockchain transactions are not reversible (excluding threat of force/imprisonment). But I think you may not have fully investigated your assum
by stanleydrew 9y ago
Yes, I get that blockchain transactions are not reversible (excluding threat of force/imprisonment).
But I think you may not have fully investigated your assumptions about what makes a bank TBTF and what it means to be "bailed out."
- cinquemb 9y agoMy assumptions about being bailed out are that it comes down to CB's inflating the currency supply to aquire assets that burden some privileged actors balance sheets. And what it means to not be bailed out means to pay more on ones mortgage than market value of such asset.