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> They can have the exact same issues. I don't know if this is right. Traditional money transfer is not some absolute, irreversible thing. It is the product
by pgwhalen 5y ago
> They can have the exact same issues.
I don't know if this is right. Traditional money transfer is not some absolute, irreversible thing. It is the product of software yes; but more importantly, it is the product of trust between institutions and individuals, backed by government and the legal system.
In traditional finance, there is _far more_ than just the correctness software ensuring the safekeeping and transfer of your assets.