alt Hacker NewsProbably because fiat, unlike crypto, is not decentralized and fraudulent transactions can be reversed. A North Korean hacker zeroing out an account balance and incrementing another, can be reversed.
Probably because fiat, unlike crypto, is not decentralized and fraudulent transactions can be reversed. A North Korean hacker zeroing out an account balance and incrementing another, can be reversed.
Exactly. It turns out a lot of the things in the banking system that cryptocurrency people complain about are actually features, not bugs.
IMHO, cryptocurrency is technically interesting but for pretty much every use-case, the preexisting technologies are superior and/or cryptocurrency is practically unworkable.