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Wouldn’t it be nice if we had a sort of bank or a financial system where money couldn’t be moved without the owner’s explicit permission? Like, at all. Perhaps

Wouldn’t it be nice if we had a sort of bank or a financial system where money couldn’t be moved without the owner’s explicit permission? Like, at all. Perhaps the rules could be enforced with code, and with digital signatures required for any ledger changes. Would be nice if it were globally distributed in a p2p fashion with no government having a say. If only such a system existed.

yakz 2y ago
The rules would be enforced with a gun, same as they are now.
harimau777 2y ago
That works great until the user's explicit permission is coerced or scammed out of them. In those situations it's nice to have the protections of a conventional financial system.
- egorfine 2y ago
  Agreed. But wouldn't it be nice to have a choice?
- hiatus 2y ago
  Those protections exist with significant limitations in the conventional financial system. See the widespread abuse of Zelle as an example.
layer8 2y ago
Obligatory XKCD: https://xkcd.com/538/ https://xkcd.com/538/