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RE: I got $5,000 Scammed Last Night - Problems with the Modern Banking System by Charlie Shrem

in #steem8 years ago

Ah man. I had $1,100 stolen from me as well back in 2011. I got it all back in about a week, but it was such a pain in the butt. Credit Cards were developed prior to the internet. From a purely logical perspective, the banking systems as it exists today is ridiculous.

"Oh, here's the combination to my safe. Please only take out what you're supposed to."

What a joke.

If governments didn't have a monopoly on currency creation backed by a monopoly on the use of force, these archaic systems would have been innovated away a long time ago.