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Originally Posted by ar81 What if someone enters bank database and adds two zeros to your account? Would it be real or not real money? |
The problem with just creating money is then you get what happens in 3rd world countries. Money becomes worthless. If we just printed money then money wouldn't be worth the paper it was printed on. I am quite sure that if a bank made a mistake they either 1. Fix it (most likely to happen) or 2. end up paying for it out of their own pockets.
Also electronic != video game. Or would you consider the internet to be a video game?
Again as I see it those 1s and 0s merely represent information, not actual intrinsic worth. That worth comes from elsewhere.