openfinance

I'm trying to put together a list of all the ways we've accepted anti-consumer properties of traditional banks, what else am I missing?

I don’t think I can send 15406 $Degen to you through my local bank or credit union.  

Though to be fair probably better for me to blame the SEC.

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

I don’t think I can send 15406 $Degen to you through my local bank or credit union.  

Though to be fair probably better for me to blame the SEC.

https://www.sec.gov/oca/staff-accounting-bulletin-121

The only problem is externality pricing.

Building https://negationgame.com

See the first 5 line items. :) It's a combo move. Checking accounts have no interest rate (ie. free money for banks), yet we're forced to use them for no real reason. Why can't everything be a savings account with a competitive rate?

what's the issue with checking and savings accounts being different?

Brave is very aggressive at blocking everything it can possibly block without degrading the experience. Every website has analytics etc. AFAIK banks don't sell behavioural data, but big box merchants certainly do (which get aggregated by data brokers and resold).

If you use the Brave browser, look to see how many items are blocked when you login.  They are taking your information and selling it versus protecting your privacy.