Simple Personal Finance Tracking with GnuCash

Re:Simple Personal Finance Tracking with GnuCash by safog on Tuesday May 19, 2020 @10:00PM (#23242537)

> Then do salaries and taxes by the second and split off tax payments right where the transaction happens.

ACH literally takes O(days) to move a few bytes of data from one bank account to another and the system simply stops working evenings and weekends, so this is a bit much :)

If / when BTC and LN become ubiquitous, you can probably achieve this without much effort.

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Re:Simple Personal Finance Tracking with GnuCash by 6510 on Tuesday May 19, 2020 @10:25PM (#23242680)

Slow banks would still be a thing, they just cant (be allowed to) process these transactions.

Also, the bytes don't really have to flow from A to B. The payload is much to predicable. For 8 hours money flows into the account and flows out of the other account at a fixed rate. A daily or weekly validation would be enough. (with automatic fines for not updating the work schedule)

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