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So let's not do it because it's hard? I think it's a ridiculous attitude. It's an instance of where people that have the ability to change things don't have the

So let's not do it because it's hard? I think it's a ridiculous attitude. It's an instance of where people that have the ability to change things don't have the incentives to do so because they aren't the ones bearing the cost. This is one example where the government could do some good by creating a spec for an instant money transfer system and say that they'll accept it at all government institutions by some time in the future. I think people would then do the rest.

njharman 7y ago
No, it's not do this because it has negative ROI. Who do you imagine the "us" is, in let's? It's not me and you, nor people in this forum. The banks that have negative financial incentive? The regulators who just caught this guy with the existing system as is and would never win the political battle to roll out this expensive system addressing a rare issue that already is handled? The average powerless citizen? Who will likely never be victim to this. Calls for pie in the sky actions don't stop being pie in the sky just because they are just, reasonable, "good" for society. We live in a greedy capitalist society. At the society scale. If it's not causing so much problems it can't be ignored or if it doesn't make someone money. It doesn't happen.