People don't want to run their own bank

Re:People don't want to run their own bank by ls15 on Friday February 04, 2022 @12:01PM (#30209393)

> Only if you're storing your cash at home, under your mattress. If you're using a bank account, you most assuredly have to deal with accounts, statements, interest and fees.

I know people who prefer cash, because they are not tech-savvy and all the digital stuff including cards gives them anxiety. There is a difference between just having a bank account and using all the digital services that come with it.

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Re:People don't want to run their own bank by quanticle on Friday February 04, 2022 @01:14PM (#30210690)

Increasingly there isn't as banks, always looking to cut costs, pare back the number of branches they have, the number of staff at those branches, and make the phone experience worse in order to drive customers to their websites.

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Re:People don't want to run their own bank by ls15 on Saturday February 05, 2022 @03:16AM (#30218953)

Increasingly, yes. Unfortunately. However, there are different cash cultures in different countries. Not every country is like Sweden where physical cash is practically unheard of.

In Germany there is an online service called barzahlen/viacash (they are renaming) https://www.barzahlen.de that allows people to pay cash for online shopping. After checkout, the buyer gets a code that can be scanned by cashiers in certain drugstores and supermarkets, so buyer can pay in cash.

I use cash where possible in order to avoid leaving a massive data trail that inevitably will get exploited. It is a method of self-defense for me.

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