|
|
|
|
|
by gowld
139 days ago
|
|
Then many complex commercial activities would be eliminated or have far higher transaction/insurance costs. For example, loans. They would be priced against average risk, and low-risk individuals with privacy would pay the same risk premium as high-risk individuals. This may be fine for individuals who voluntary give up privacy at chosen moments for chosen partners. It would be more complex and expensive to operate that general open brokerages. |
|