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A comment on Robinhood is said to draw on bank credit lines amid tumult. Parent comment

Re:Robinhood is said to draw on bank credit lines amid tumult by xxpor on Thursday January 28, 2021 @08:06PM (#25952156)
Why don't sales settle instantly? Or perhaps, why can't we do instant money transfers? It's 2021, not 1951.
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Re:Robinhood is said to draw on bank credit lines amid tumult by unityByFreedom on Thursday January 28, 2021 @08:10PM (#25952201)
B/c fraud exists and people expect their money back when it happens. Yes it is 2021, not 1929. Credit and loans are a feature not a bug. If you want to put your life savings into a digital wallet go ahead. There's no protection when someone swipes it.
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Re:Robinhood is said to draw on bank credit lines amid tumult by fastball on Friday January 29, 2021 @02:17AM (#25954911)
This is effectively what blockchain is for.
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