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A comment on Simple bank shutdown goes awry, leaving customers without account access. Parent comment

Re:Simple bank shutdown goes awry, leaving customers without... by NaturalPhallacy on Monday May 10, 2021 @05:28PM (#27111090)
They're not artificially hamstrung. USPS makes its money by delivering physical mail. Physical mail has been in decline for 20 years: https://about.usps.com/who-we-are/postal-history/first-class...

Despite the US population practically doubling, the amount of mail sent is back down to ~1976 levels.

This isn't artificial.

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Re:Simple bank shutdown goes awry, leaving customers without... by lazide on Monday May 10, 2021 @06:56PM (#27111893)
They make their money on packages too, and that has been strong, up and to the right for a long time.

The difference in quality of service pre-dejoy and post was pretty clear? And they’ve been break even or profitable pretty much every year.

I’d consider that artificially hamstrung, since it isn’t the market doing that.

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