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> fiat government money system has the advantage and disadvantage of being able to claw back transactions for quite a while

Recently helped a friend extract his company from a wire fraud scam. Wires, particularly international wires, are surprisingly irrevocable. You basically have to get the receiving bank to agree to send the money back.




That's worthy of a blog post in its own right.


Now that is the thing that should be fixed, instead of taking it to absurdity (i.e. immutability).




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