News for hackers. Stuff that matters.

A comment on More phones, few banks, instability are transforming Somalia to cashless society. Parent comment

Re:More phones, few banks, instability are transforming Soma... by ksec on Sunday February 28, 2016 @06:52AM (#11190704)
For those who don't know, there are countries that allows government or companies to take away money from your bank account without your consent if they prove you own them money. I know this may sounds strange and you will properly be thinking that is fine, but there are variety of reasons why you don't want that.
[ Parent | on HN ]
Re:More phones, few banks, instability are transforming Soma... by nommm-nommm on Monday February 29, 2016 @03:06PM (#11197996)
Yes, and your wages can also be garnished if you don't have a bank account so I don't see how cash solves this "problem." And it isn't just companies and governments, individuals also have the power to garnish wages and bank accounts.
[ Parent | on HN ]
Re:More phones, few banks, instability are transforming Soma... by anonbanker on Tuesday March 01, 2016 @10:19AM (#11203101)
half of my week has been setting up wage garnishments for people based on liens my customers have filed. I can confirm what the parent says is true in US/Canada/UK/NZ/AU jurisdictions.
[ Parent | on HN ]