News for hackers. Stuff that matters.

A comment on Hacker Publishes 2TB of Data from Cayman National Bank. Parent comment

Re:Hacker Publishes 2TB of Data from Cayman National Bank by mercacona on Tuesday November 19, 2019 @05:25AM (#21571832)
Maybe, because you don't own your cash, your cash is a credit that society acknowledges to you, so hiding it from which makes it valuable is nuts.

Can you eat your cash? Can you fly using your cash? Can you build a phone with cash? No, you can't do anything with cash without a public exchange that might be accountable.

Unfortunately, people did buy the idea that ”Markets can work without accountability”, and that's what you do when laundering money in a fiscal paradise. Hopefully, crypto can drive us out of that craziness of money as a good.

[ Parent | on HN ]
Re:Hacker Publishes 2TB of Data from Cayman National Bank by ClumsyPilot on Tuesday November 19, 2019 @10:08AM (#21573537)
This is quite a good point. No-one is stopping you from stockpiling Oil, Gold, or whatever.
[ Parent | on HN ]