this post was submitted on 29 Oct 2023
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[–] [email protected] 26 points 1 year ago* (last edited 1 year ago) (2 children)

yea i don't think employers have access to whether employees have an open bank account.

e-wallets are not a bank replacement, it is used for small day to day transactions in any country.

[–] [email protected] 26 points 1 year ago* (last edited 1 year ago) (2 children)

I learnt from a BadEmpanada vid that some streamer kept all his money on a PayPal account that eventually got hacked. He did not have a bank account.

[–] [email protected] 28 points 1 year ago

I have had several people in my not especially large immediate friend group who have had between hudreds and thousands of dollars stolen, I'm sorry I meant frozen, by PayPal for no reason and with no recourse. Never keep your money in any kind of fake pseudo-bank. Either a real, bank, or Iraqi dinars, nothing else.

[–] [email protected] 16 points 1 year ago* (last edited 1 year ago)
[–] [email protected] 21 points 1 year ago (1 children)

The article is about development of financial features into X, not changing employees banks. He wants to change YOUR bank

[–] [email protected] 9 points 1 year ago (1 children)

He's smoking meth if he thinks I'm leaving my credit union for something his fingerprints are on

[–] [email protected] 11 points 1 year ago (2 children)

Even if he launched a bank that did everything correctly and had no issues, the only way he's convincing people to switch is by offering something other banks don't. Something like giving out billions in credit that other banks won't.

No way is that happening. This is just gonna be a second rate alternative to Venmo.

[–] [email protected] 9 points 1 year ago (2 children)

Isn't Venmo already the cutrate Cashapp?

[–] [email protected] 5 points 1 year ago

TBH I've only used Zelle

[–] [email protected] 5 points 1 year ago

It’s cash app for boomers (millennials and up)

[–] [email protected] 6 points 1 year ago

what if we all got loans from his shit bank and didn't pay them back