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by tightbookkeeper 620 days ago
You’re partly conceding that this level of corrupting and mistrust is just what we have to live with. It has not always been this way though.

Side note. If I also accept it this is why cryptocurrency being able to reduce the cost of securing a transaction is still interesting to me. When you use a bank you don’t see the army of night guards, vaults, auditors, and IT people keeping it safe.

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On the other hand, I hear a lot more about crypto wallets getting hacked than I do checking accounts at large banks.
I’m just saying that aspect has appeal, not that you should bank with bitcoin.

Of course, you don’t hear about internal bank problems either.