this post was submitted on 22 Nov 2024
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Technology

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[–] flashgnash@lemm.ee 2 points 1 hour ago

Do people store their money in these things? I use Google pay quite often, but it draws the money from the bank at the time of payment

[–] dharmacurious@slrpnk.net 15 points 14 hours ago (1 children)

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

[–] themurphy@lemmy.ml 6 points 13 hours ago* (last edited 13 hours ago)

like the great depression, but only for already poor folk

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