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A brilliant comment, but sadly, electronic and paper money is not attack resistant.
by Eliezer 18y ago
A brilliant comment, but sadly, electronic and paper money is not attack resistant.
- deleted 18y ago[deleted]
- deleted 18y ago[deleted]
- gaika 18y agoMoney is attack resistant. Those who think otherwise might end up in jail.
- stcredzero 18y agoMoney is attack resistant? Not entirely. Not to governments, who can raid your savings by printing more. Not to central banks, who have the same powers, despite not being part of the government. Not to corporations that are seen by corrupt governments as "too large to fail." Not to all manner of con artists who pass themselves off as legitimate people involved in finance. And unfortunately, only a small minority of the above get jailed. Yes, markets have remarkable resilience. But there are lots of vulnerabilities in markets in the world as it stands now.