Mastodawn

Zergling_man Apr 16, 2023

@dsfgs Next problem: The banks themselves are the enemy. Money in the bank is not yours, it is theirs, and it is their decision whether to let you have it. Legal obligations are pretty meaningless when they have a myriad of excuses they can pull out to deny you at any time. The classic one is "we think this is fraud".

In many situations it seems the banks themselves are okay and well-meaning but the MitM attackers, aka #CAGEMAFIA are the ones creating the problems.

We understand these problems vanish once a person starts using cheques.

In Australia we have some protections for bank balances.

Zergling_man Apr 16, 2023

@dsfgs "some"

Yes, don't quote us but 250k is protected in a crash. So if a person had more they will be left with at least 250k. Don't 'take that to the bank', so to speak. We may be off by a margin.

...and yes of couse there is no substitute for #Bitcoin and running #BitcoinCore and #BTCPayServer on your #gnuLinux over #I2P communication, with at least 15 #LightningNetwork connections that enable millions of transactions per second for your small business if you require it.

But yes, failing that we now highly recommend cheques.

...and yes of course there is no substitute for #Bitcoin and running #BitcoinCore and #BTCPayServer on your #gnuLinux over #I2P communication, with at least 15 #LightningNetwork connections that enable hundreds of transactions per second for your #smallBusiness if you require it.

But failing that, as ***many*** do, we must recommend cheques.

censored for “transphobia”Apr 16, 2023

@dsfgs Indeed that’s what I do in that situation.

Niclas Hedhman Apr 16, 2023

@dsfgs In my part of the world, cheques are obsolete for decades.
Calling the bank? Forget that, if you can't solve it by the automated system, then you'll wait forever in queue. Visit the bank? Sorry, almost no branches left, and the rest require appointment, via the automated phone system...
Heck, cash has almost disappeared, to the point where the central bank seem to have stopped printing new bills. Every bill one gets is falling apart.

@niclas

Cheques are effectively non-existent in Australia also, but if one looks closely at all the payment options it can be buried in there.

Also if they know it's either cheque or you can't pay, they will tend to accept it.

We have similar issues with banks in Australia. Never open. Few branches. The post offices here, #AustraliaPost, can now perform many bank-like services but they also allow themselves to be MITM'd by Amazon so a good reason to give them a miss too.