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You are missing the forest for the trees -> there will always be some fraud, and thus a devision must be made regarding who is responsible. Furthermore, if the
by ClumsyPilot 4y ago
You are missing the forest for the trees -> there will always be some fraud, and thus a devision must be made regarding who is responsible.
Furthermore, if the bank don't suffer from faud, they have no incentive to fight it. So there will be no effective securiry
- cowtools 4y agoYou can just have a voluntary system wherein people decide beforehand how funds are distributed in the case of fraud. That doesn't necessarily require a third party like a bank to surveil and supervise every transaction.