"Why yes, anti-fraud IS somewhat more complicated than setting up a CRUD site with Rails and tracking transactions in a database."
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Banks are kind of crap at user-facing interfaces, but they mostly don't get ripped off despite the mess that is checking, ACH, etc.
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There have been a few displays of breathtaking incompetence. Sheer reckless cluelessness.
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so much safer than fiat currency.
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I'm amused that these always end with "we're talking to investors, trying to raise money to cover the losses" in some form.
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That's got to be the hardest VC pitch ever: "We just lost a megadollar, but if you give us money we promise it won't happen again."
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@thegrugq over 2 millions*Thanks. Twitter will use this to make your timeline better. UndoUndo
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