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0 pointsur-whale6y ago0 comments

None of the things you list are "benefits" if you're an individual. They are only "benefits" to governments because it gives them additional means of controlling the bleating flock.

0 comments

kerkeslager6y ago

Really, fraud prevention and chargebacks benefit the government and not individuals?

If you have your debit card stolen and someone spends $10K of your money, you (an individual!) get that money back.

I'm very much pro-cryptocurrency, but I don't think it does anyone any favors to pretend there are no benefits to traditional banking.

j / k navigate · click thread line to collapse

0 pointsur-whale6y ago0 comments

None of the things you list are "benefits" if you're an individual. They are only "benefits" to governments because it gives them additional means of controlling the bleating flock.

0 comments

kerkeslager6y ago

Really, fraud prevention and chargebacks benefit the government and not individuals?

If you have your debit card stolen and someone spends $10K of your money, you (an individual!) get that money back.

I'm very much pro-cryptocurrency, but I don't think it does anyone any favors to pretend there are no benefits to traditional banking.

j / k navigate · click thread line to collapse