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[–]Creggieb2 points
-2 points
0 points
(+0|-2)
ago
The criminals would get the money regardless of cdic. Only difference is whether or not the citizen gets his money back. It's necessary to do this to engender faith in the system. The alternative is to store your money under a mattress, or accept the consequences of the banks security.
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[–] SanFranTrailerPark 0 points 1 point 1 point (+1|-0) ago
CDIC insurance, socialized protection for hackers of regular banks. Too many facilitations for crime in this country.
[–] Creggieb 2 points -2 points 0 points (+0|-2) ago
The criminals would get the money regardless of cdic. Only difference is whether or not the citizen gets his money back. It's necessary to do this to engender faith in the system. The alternative is to store your money under a mattress, or accept the consequences of the banks security.