Saturday, May 27, 2017
IF BANKS ARE TOO BIG TO FAIL ARENT THEY TOO BIG TO COVER BIG HACKING LOSSES?
That will be the next step.
Depositors, or investors, will be required to bear hacker losses beyond a certain point, by agreement, or even by statute, or ultimately by both.
They will all do it, so there is no way out of this monopoly.
They control the currency itself, frankly.
Depositors, or investors, will be required to bear hacker losses beyond a certain point, by agreement, or even by statute, or ultimately by both.
They will all do it, so there is no way out of this monopoly.
They control the currency itself, frankly.
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