58
Apple Pay, Cash App, and other digital wallets will be regulated more like banks now
(www.theverge.com)
this post was submitted on 22 Nov 2024
58 points (100.0% liked)
Technology
37739 readers
50 users here now
A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.
Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They need to be insured like bank accounts. Everyone I know that makes less than 50k a year is getting their shit direct deposited to cashapp and using cashapp like it's their bank. If they go belly up in a financial crash, it's going to be like the great depression, but only for already poor folk
Battle music plays
You encountered the purpose of Capitalism!
Fight Bag
Vote Run
@themurphy@lemmy.ml, did you even read @dharmacurious' comment or even the article?