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> Banks operate with liability for losses resulting from breaches.

Not enough.

> Unless Flock et al are routinly losing their entire database, this shouldn't be exisential.

The risk of misuse by future governments is too great even if Flock's security was perfect. And allowing anything less than routinely losing the entire database is unreasonably lax even if you don't believe Flock is too risky to exist.



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