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Apple Pay, Cash App, and other digital wallets will be regulated more like banks now
(www.theverge.com)
this post was submitted on 22 Nov 2024
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Technology
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They need to be insured like bank accounts. Everyone I know that makes less than 50k a year is getting their shit direct deposited to cashapp and using cashapp like it's their bank. If they go belly up in a financial crash, it's going to be like the great depression, but only for already poor folk
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