Sunday, July 5, 2015

Banker bot never blocks access


Reuters: Greeks cannot withdraw cash left in safe deposit boxes at Greek banks as long as capital restrictions remain in place, a deputy finance minister told Greek television on Sunday.
Greece's government shut banks and imposed capital controls a week ago to prevent the country's banks from collapsing under the weight of mass withdrawals.
Banker bot has no reason to do it. It only fouls up when you enter your password and tell it to. Otherwise all your currencies are optimally spread for safety and immediately available when you want them. Once the bot owner selects a bank (read probability distribution) it monitors that distribution and automatically adjusts currencies at your request. It can adjust your savings and loan balance on the distribution such that your portfolio is most likely to cover. When the bank is losing accuracy from withdrawals, it notes and reduces your balances.

The entire network of bots communicate with fairly measure distributions but the owner determines the bet.  High frequency traders have no part of it. It knows bad government balances if you give it the sequence.  It protects the owner.

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