Re:Water found on a potentially life-friendly alien planet
by saganus on Wednesday September 11, 2019 @06:31PM
(#20945527)
From [0] we can see that there are 10 banks founded before 1700 and 24 from 1700 to 1800.
So it might not be that far fetched, assuming that the banks keep your accounts open after more than 100 years without use.
[0] https://en.wikipedia.org/wiki/List_of_oldest_banks_in_contin...
Re:Water found on a potentially life-friendly alien planet
by perl4ever on Saturday September 14, 2019 @11:27PM
(#20975390)
10 banks out of how many founded in 300 years?
Re:Water found on a potentially life-friendly alien planet
by saganus on Sunday September 15, 2019 @10:37AM
(#20977380)
I don't argue that it's probably a tiny fraction.
I was just pointing out that it might be somewhat possible for banks to exist for a span of time big enough for this.
Re:Water found on a potentially life-friendly alien planet
by jtms on Thursday September 12, 2019 @09:55AM
(#20951455)
As pointed out by other commenters: a non zero number have survived. A small investment made with many different institutions would substantially increase your chances of a massive return upon... return.
Re:Water found on a potentially life-friendly alien planet
by wahern on Thursday September 12, 2019 @02:03AM
(#20948477)
That's not the right question, though, because the expected rate of failure isn't constant throughout the lifetime of a bank. See, e.g., https://en.wikipedia.org/wiki/Lindy_effect
Seems like your best bet would be to park your money with several very old banks: https://en.wikipedia.org/wiki/List_of_oldest_banks_in_contin...
Also might want to think about purchasing bonds: https://en.wikipedia.org/wiki/List_of_oldest_banks_in_contin...
Re:Water found on a potentially life-friendly alien planet
by wahern on Thursday September 12, 2019 @03:22PM
(#20955330)
2nd link was supposed to be https://en.wikipedia.org/wiki/Perpetual_bond with information about a bond from 1648 with the issuer still paying annual interest.
Re:Water found on a potentially life-friendly alien planet
by mhluongo on Wednesday September 11, 2019 @07:11PM
(#20945775)
Bitcoin! :)
Re:Water found on a potentially life-friendly alien planet
by Can_Not on Thursday September 12, 2019 @10:18AM
(#20951715)
What if they release Bitcoin 2.0 the year you leave?
Re:Water found on a potentially life-friendly alien planet
by swarnie_ on Wednesday September 11, 2019 @06:32PM
(#20945537)
Probably tiny?
Lloyds bank founded 1765
Barclays founded 1736
I doubt any banks in the new world are as old.
Re:Water found on a potentially life-friendly alien planet
by po1nter on Wednesday September 11, 2019 @06:50PM
(#20945660)
Berenberg Bank founded 1590 (429 years ago)
Re:Water found on a potentially life-friendly alien planet
by nonsapreiche on Thursday September 12, 2019 @03:47AM
(#20949027)
Monte dei Paschi di Siena 1472 (547 years ago)
If you do it in a country that doesn't allow you to be declared legally dead when you are out of contact for a couple centuries, and if the institutions involved don't collapse, and if the interest on the account outpaces inflation, sure.
What percentage of the banks that were around 222 years ago have not failed?