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A lot of security in banking is the ability to reverse and track/audit the transactions. This is what cryptocurrency people ignore. They see reversing as a bug
by knorker 6y ago
A lot of security in banking is the ability to reverse and track/audit the transactions.
This is what cryptocurrency people ignore. They see reversing as a bug, when it's clearly not.
Let's say you abuse linking, and you take money. Great. The tx is reversed and you go to jail.
Prevention is better, but it's not that the security isn't there.