https://www.bitsaboutmoney.com/archive/optimal-amount-of-fraud/ https://www.bitsaboutmoney.com/archive/optimal-amount-of-fra... Relevant reading. Basically co

https://www.bitsaboutmoney.com/archive/optimal-amount-of-fraud/ https://www.bitsaboutmoney.com/archive/optimal-amount-of-fra... Relevant reading. Basically comes down to: the costs of acceptable levels of fraud < the cost of eliminating all fraud. There are processes that would more or less eliminate all fraud, but they are such a pain in the ass that we just deal with the fraud instead.