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Deadname rule (lemmy.one)

submitted 10 months ago by [email protected] to c/[email protected]

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[–] [email protected] 7 points 10 months ago (1 children)

Banks are proprietary software

[–] my_hat_stinks 3 points 10 months ago (1 children)

Okay? But you presumably do still have an account with a bank or building society, right? So why use a third party when you can request a transfer from them directly?

[–] [email protected] 3 points 10 months ago (1 children)

building society

[–] my_hat_stinks 2 points 10 months ago (1 children)

Ironically enough it's the opposite. Banks answer to shareholders, building societies answer to its members. Building societies compete with banks, if they're unheard of in the US that certainly does explain the state of the US banking system.

[–] [email protected] 2 points 10 months ago

We don't have building societies in the US, but we do have similar institutions called credit unions.