Ask HN: How do companies actually make money with fractional reserve banking?
I hear a lot of people talking about how Robinhood and Venmo make money on the cash that's sitting around in their accounts. I know they make money in other ways, but several articles point to this being a large portion of their profit.I'm curious if anyone is aware of numbers of how much it's worth to a platform to have this type of cash sitting around.For example, if I have $10,000 in...