There are smart cards at affordable price. The biggest problem is to find some that can run without a binary blob driver (would you trust it?).
While proved software is much better than unproved software, this is not the end of security holes: The proof assumes hardware and compiler behave as specified, which lets a lot of attack surface.
At least it raises the bar much higher.
Well, when somebody invades a city, and you want to drive them out, how do you do it without shelling the city?
Except that this is civil war and nobody invaded eastern Ukraine cities; the one at fight are usual city residents.
Western Ukraine armies have no way to tell apart what is a fighter home and what is not. Do you suggest they need to destroy the whole city and kill and kill everyone to fix the problem?
IMO this is not about capitalism vs socialism, but whether people consider the power legitimate or not.
Market invisible hand fails here, it seems better suited at destroying value than creating it.
And we even know why: market invisible hand theory relies on a few assumptions, one of them being that products are identical and that buyers' choices are only driven by price. Once we say that "book prices don't seem to be the deciding factor on whether someone reads a book", we know it will not work. If producing books is considered important, then the market should be regulated.
The ECB created 1 trillion euros within 2 months to save the banks, while 30 trillions euros existed. Tthis is a 1/30 increase, this is rather huge.
I agree with you about inflation, but we are very far from the point where USD or EUR are dumped for other currencies. We live the opposite excess, in fact.
if the government thinks it's a good idea to create itself an enormous amount of new money, that currency will likely fail.
Not always. Central banks created huge amount of money to save banks after the subprime crisis, and it did not hurt the currencies. Economists tells us the increase of currency will not hurt when used during a depression, because it will not fuel prices increases.