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> as for the banks and institutions and companies losing all of their money? that’s a new blockchain problem for sure No, that used to be a real-world problem
by lawtalkinghuman 5y ago
> as for the banks and institutions and companies losing all of their money? that’s a new blockchain problem for sure
No, that used to be a real-world problem for banks until laws were passed that more tightly regulated financial institutions...
e.g. in the US, https://en.wikipedia.org/wiki/Wildcat_banking https://en.wikipedia.org/wiki/Wildcat_banking