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Yes but we do expect to be unaffected by financial crime. I have never been the victim of a financial crime, like an institution trusted to hold my assets just
by CPLX 4y ago
Yes but we do expect to be unaffected by financial crime.
I have never been the victim of a financial crime, like an institution trusted to hold my assets just not doing it. Most people I know haven’t either.
Granted it’s not like it never happens. But it’s exceedingly rare and people’s standards are incredibly high. We demand and expect that if you put money in a bank you can always get it back and we mostly stick to that plan.
- woodruffw 4y agoWell said. In a perverse way, financial schemes built on top of cryptocurrencies represent the crowning achievement of traditional finance: we've successfully made it so safe, so incredibly boring for ordinary citizens that technologists believe they can derive the same system from first principles.