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by lhgaghl 4469 days ago
> Normal banks simply reverse transactions if they are fraudulent.

That's not a feature.

1 comments

Right, fraudsters should be allowed to keep their ill-gotten gains.
Rephrased: it is a feature, but it implies a tradeoff: people who are considered more important than you control your money. One which I don't consider worth it. I've never had a problem with stolen assets of any kind other than in the physical world, and I consider my physical assets that were stolen fair, I would not want a God government who can see every single thing that happens in any place and any time so they can recover my physical assets.