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by jacques_chester 2574 days ago
> whereas bank accounts are routinely compromised and looted

Which are also regularly reverted without fuss, regardless of whether you can work out who the attacker was.

Banking is more than a ledger system. It's a ledger system and a massive web of institutional protections behind the ledger. By the time blockchain evolves the same norms, institutions, legal precedents, regulatory oversight and so on and so forth it just be a much-slower-than-a-real-database linked list.