A16Z is re-registering as a financial advisor, renouncing its status as a VC

Re:A16Z is re-registering as a financial advisor, renouncing... by eouw0o83hf on Wednesday April 03, 2019 @09:44AM (#19563224)

If the government's records were up-to-date and perfect, the title industry wouldn't really exist. Having publicly-accessible digital records would make the concept of property ownership simple and deterministic to figure out.

And "my computer got hacked" is kind of a blanket argument against using technology in general - by that same argument you should probably never use digital banking/investment or anything online to manage your life, and nothing should ever be digitized.

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Re:A16Z is re-registering as a financial advisor, renouncing... by peteretep on Wednesday April 03, 2019 @08:34PM (#19568400)

> If the government's records were up-to-date and perfect, the title industry wouldn't really exist

Why would a blockchain magically fix this?

> "my computer got hacked" is kind of a blanket argument against using technology in general

Many (most?) financial actions you can take with a computer can be rolled back if shown to be fraudulent, because the asset isn't stored on the computer itself. This is specifically not true of crypto assets.

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