Like what drops them from just adding some extra 00 as everything is digital, especially in third World countries?
In: 1
So if you have some money on a bank account, what does it mean really? No the number is not money. It just means bank owes you so much money. Not exactly incentive for the bank to add more zeros there.
It’s all just accounting for debt, who owes how much to whom. If you could go and tweak the number in your creditors and debtors ledgers that would be nice for sure, but tweaking numbers in your own ledger doesn’t really help, other people still know how much you owe them and what they owe you.
Latest Answers