These micro-examples are a reminder that corruption is a part of every human system, no matter how perfect the design.
There will always be concertgoers cutting the unwatched fence to sneak in for free.
The only plausible solution is elective transparency. Either your company and financial metadata are available for independent third party review, and records retained as defined, or else you’re not a company.
Don’t ascribe to it, get boycotted.
The plausible solution is named Blockchain and smart contracts. Until then…
Cryptocurrency is the number one vector for scams and money laundering today despite blockchains.
That’s because transactions can’t be rolled back, opening accounts doesn’t require identifying info, and there’s no possibility of payments being intercepted by a third party.
Sure, fiat can be safer when your bank is being responsible. It can be much more dangerous when they aren’t. Just ask a victim of Wells Fargo.
Okay. I’ll answer seriously to this. Blockchain can’t store an entire contract (not within reason). Likewise, contracts will never be made public. So at most you’ll get is a pointer to where the contract is held. The contents of the contract can be changed (though you could put a checksum in the chain too), but that still doesn’t address things. Also if you are concerned about “well no one else has a contract” then all that needs to happen is everyone gets a contract, then the chain is inundated with contracts and all you’d have is a pointer and a checksum and you have no idea what’s in the actual contract.
Blockchain can’t store an entire contract (not within reason).
What do you mean by this? I don’t work directly with blockchain, but it appears Eth has a 12MB block limit, which is 10,000 pages of simple text.
Ice cubes is on the Apple Store though… or is this something that happened in the past and has since been changed?
For the suddenly curious: https://qz.com/1732014/why-is-it-called-antitrust
Isn’t Netflix exempt from these fees too? Or do they just not allow you to sign up in app and redirect to a browser?
Disgusting. So glad I don’t use either.
