WingNews logo WingNews
top | item 32673566

(no title)

askmike | 3 years ago

> Who wants to give over their financial life to a computer program?

Where do you think your income and bank balances are tracked and stored? On pieces of paper?

discuss

order

solumunus|3 years ago

This is missing the point to a degree that makes me think you're being intentionally obtuse, but maybe you're just ignorant so I'll bite. Banking computer errors can easily be rectified by humans, banks are regulated, your funds are at least partially guaranteed by the government (depending on where you live). The degree to which you're trusting computer programs with your finances is orders of magnitude less than with cryptocurrency where it's possible to lose any amount $ of asset value in an instant with absolutely no means of recourse.

Your bank analogy is silly and nowhere near analogous.