banks get hacked every day, but they don't want customers to know and i'll tell you a story.
i went to my bank to ask about a safety deposit box and they don't have any and the guy tells me that robbery doesn't really happen anymore becuase "the bank has nothing to steal" so i said "well it isn't a bank then is it" he looked confused and i left.
bank has what's called a black screen they can make money any time so if they theoretically lose some they've suffered no actual loss. the interesting point is all contract law involves the gain for one party compensated by a payment to a party who's suffered a loss. with bank debt the whole basis of contracting law is invalid. what loss?
banks get hacked every day, but they don't want customers to know and i'll tell you a story.
i went to my bank to ask about a safety deposit box and they don't have any and the guy tells me that robbery doesn't really happen anymore becuase "the bank has nothing to steal" so i said "well it isn't a bank then is it" he looked confused and i left.
bank has what's called a black screen they can make money any time so if they theoretically lose some they've suffered no actual loss. the interesting point is all contract law involves the gain for one party compensated by a payment to a party who's suffered a loss. with bank debt the whole basis of contracting law is invalid. what loss?