I'm confused wouldn't smart contracts be a fucking bad thing in finance. In fractional reserve banking you move money so you can get a return from it, if a smart contract event occurs causing a bank to payout wouldn't the expected shortfall really fuck em over?

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Anonymous Thu Jul 30 17:19:24 2020 No.20845531 [Reply] [Original]

I'm confused wouldn't smart contracts be a fucking bad thing in finance.

In fractional reserve banking you move money so you can get a return from it, if a smart contract event occurs causing a bank to payout wouldn't the expected shortfall really fuck em over?

>>	Anonymous Thu Jul 30 17:22:09 2020 No.20845611 no response?

>>	Anonymous Thu Jul 30 17:47:12 2020 No.20846253 >>20845531 Can you elaborate what is the problem?

>>	Anonymous Thu Jul 30 17:48:25 2020 No.20846294 >>20846253 wouldn't corporations like to stall out payment as much as possible to flatten out their expenses?

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/biz/ - Business & Finance