4 ms·
May I access your bank account and transfer some untouchable numbers to mine?
by sfk 11y ago
May I access your bank account and transfer some untouchable numbers to mine?
- msandford 11y agoThose numbers are representative of real actual things. What real actual things is the code representative of?
- ChrisLomont 11y agoProfits, which are as real as your money, because they are both money.
- msandford 11y agoMan that is one tortured definition. The mental gymnastics. Impressive!
- ChrisLomont 11y agoAre you claiming that someone copying proprietary trading software cannot lead to a loss of profits?
- msandford 11y agoIt's necessary but not sufficient for a loss of profits. Further I was talking about code in general. To have separate laws or treatment of "financial" code versus "regular" code would be pretty silly. How would you even draw the line between the two?
- iopq 11y agoYou must be very good at yoga because that's a huge stretch. Property and intellectual property are completely different things to the point that intellectual property is a misnomer.
- rhino369 11y agoThe money in your bank account is an IOU. It doesn't represent physical money at all.
- msandford 11y agoTechnically you're right of course. But functionally there's no difference. I go to the bank and ask for $1000 and they give me the cash and deduct the balance from my account. What their reserve ratio is immaterial most of the time. Except during crises and bank runs.