6 ms·
So you're proposing to add more of the things that make our current financial system have the costs it does? Given the large amounts that have been stolen rece
by ry0ohki 13y ago
So you're proposing to add more of the things that make our current financial system have the costs it does? Given the large amounts that have been stolen recently, I think deposit insurance would cost a fortune for BTC.
- fauigerzigerk 13y agoBitcoin deposit insurance could be much cheaper than deposit insurance for traditional banks as they are not lenders and hence there is no credit default risk. All they have to do is up their QA game and organize some external audit and certification system for all participants in the insurance scheme.