Re:Did I just lose half a million dollars?
by CRConrad on Tuesday February 01, 2022 @07:16PM
(#30171738)
> If I give you cash and you take it to god knows where it can't be recovered either. If I give you money and let you leave with it then there is only so much any system can do.
But at least someone still has that money; it hasn't been destroyed.
What happened here is the equivalent of sticking notes of the wrong currency into a currency-exchanging ATM, and it shredded them. The system itself was a destructor of value. That doesn't happen in the regular old cash-cards-and-banking system.
But at least someone still has that money; it hasn't been destroyed.
What happened here is the equivalent of sticking notes of the wrong currency into a currency-exchanging ATM, and it shredded them. The system itself was a destructor of value. That doesn't happen in the regular old cash-cards-and-banking system.