Re:Credit-card firms are becoming reluctant regulators of th...
by TeMPOraL on Monday October 11, 2021 @05:05AM
(#28826285)
> Seems like they really are doing "all legal things and no illegal things" more accurately
Well, they're doing that but there's also a huge set of things whose legal status is "shmaybe?", and AnthonyMouse's point is that this is where the defaults matter. Currently, banks tend to merge that third category into "illegal" set. They could merge it into "legal" set instead, which would arguably be better for society.
Well, they're doing that but there's also a huge set of things whose legal status is "shmaybe?", and AnthonyMouse's point is that this is where the defaults matter. Currently, banks tend to merge that third category into "illegal" set. They could merge it into "legal" set instead, which would arguably be better for society.