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A comment on Google’s Fully Homomorphic Encryption Compiler – A Primer. Parent comment

Re:Google’s Fully Homomorphic Encryption Compiler – A Primer by fatneckbeard on Wednesday February 15, 2023 @09:53PM (#34814389)
but once the bank has made the loans, it has to keep track of how many it has made and how many are delinquent. i could be missing something.
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Re:Google’s Fully Homomorphic Encryption Compiler – A Primer by CraigJPerry on Thursday February 16, 2023 @07:54AM (#34818042)
Yeah of course, but that's not the point the parent was contesting. They claimed a bank loans from funds deposited which isn't the case.

If a bank chooses to create an asset (your liability) by loaning money to you, if you then fail to repay, then they're in a bad spot. They're certainly not allowed to just delete the records of the loan being issued to get rid of the delinquent asset on their balance sheet.

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