Unless digital money can be cashed out for electrons, then 200 digit account balances are imaginary to anyone who won’t accept electrons for payment
I guess I just don't understand your point.
I can make up imaginary numbers as long as I have paper and pen. I can make up digital imaginary numbers as long as I have enough bits to keep doubling the previous number ( counting in binary) It has nothing to do with what actually exists in the world.
To me you are saying there can't be a trillion apple trees becuase there is a million bit in minecraft.
Help me understand.
I’m saying that 1x10200 dollars cannot exist. It would not do any individual or organization any benefit to have 1x10200 dollars in an account, nor would it benefit a financial institution allow a client to have 1x10200 dollars in an account.
For some additional perspective:
I can make up imaginary numbers as long as I have paper and pen
There is not enough ink on the planet to make a single dot for every dollar that we’re talking about here.
So while theoretically those numbers could exist in bits (would require a super computer), there is no reason whatsoever for them to have any meaning in real life.
I’m not saying the Panama papers are bullshit, I’m saying I believe in their viability because there’s no chance that they showed anyone with $1x10200 ,because if they did then there’s no reason to give them any credibility.
If it’s impossible for someone to own or even spend $1x10200 ,then the existence of a document saying that someone has $1x10200 in a bank account is meaningless
I’m just saying that the commenter is wrong about the account balances, because it would make no sense whatsoever for such an impossibly imaginary amount of money to exist within any financial institution.
The Panama papers showed real people laundering real amounts of money. It didn’t show fake banks holding fake amounts of money. If that’s what it showed, then why would we care? Obviously it’s fake, and no one could ever come close to spending $1x10200 even if we gave them a billion years and a billion Bentleys
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