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A comment on America’s banks are missing hundreds of billions of dollars. Parent comment

Re:America’s banks are missing hundreds of billions of dollars by lr1970 on Wednesday March 22, 2023 @07:52AM (#35259652)
I think that a healthy financial system does not need innovations beyond technological advances in operations and security. Anything else is happening at the expense of the economy at large. Banking (especially depository) should be boring as it used to be in the past.
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Re:America’s banks are missing hundreds of billions of dollars by 1vuio0pswjnm7 on Wednesday March 22, 2023 @07:29PM (#35268514)
"Innovation" == obfuscation

Increased (and arguably unneccessary) complexity that hides simple truths. For example, SBF and his colleagues were committing fraud.

Whether this added complexity is intentional is left as question for the reader. Regardless, obfuscation has its benefits.

Arguably same critique can be applied to software.

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