/biz/ - Business & Finance

>>53970427
The entire reason for bonds is that they're countercyclical: things go bad -> people buy 100% totally safe treasuries.

What happens there when the "thing going bad" is treasuries themselves dying?

>>16871670
>it's about them knowing all your information is correct and stored securely without them having to oversee that.
Half the population has a double digit IQ. And you want to trust them to independently maintain a standalone record of things like their address and current medications? Do you realize how awful an idea that is?

>it can be setup to automatically transform.
There are literally thousands of highly paid, full time employees working on exactly that across dozens of EHR companies and major hospital systems. A couple guys on Discord will not be able to just magically streamline that. Unless, say, you're fine just storing the anesthesia records of your knee replacement in a lovely CSV file. That'd be parseable by overworked, sleep deprived nurses, right?

>Sign a transaction
Yes, nowadays we have palm prints because see above. Passwords, writing a signature, these are barriers to care for a nonzero percent of the population.

>>12176074
Sergey's demands are futile as money skelly roams the earth free and unbidden between Halloween and Christmas, when he returns his corporeal form to the blockchain.