I have a hard time believing all banks, including local credit unions, will simultaneously adopt this tech. And if they all do, maybe will I have to consider cash after all. But in the meantime, I’ll switch to a banking solution that doesn’t.
It starts with them making things much cheaper if you give them your data. Little do Americans know their full data set could be worth tens of thousands of dollars. That may be a lot to the average citizen but for corps and government, it’s pennies to them.
I have a hard time believing all banks, including local credit unions, will simultaneously adopt this tech. And if they all do, maybe will I have to consider cash after all. But in the meantime, I’ll switch to a banking solution that doesn’t.
Fair enough. But I wasn’t picturing them simultaneously doing it.
Enshittification is a contagious disease that spreads slowly.
It starts with them making things much cheaper if you give them your data. Little do Americans know their full data set could be worth tens of thousands of dollars. That may be a lot to the average citizen but for corps and government, it’s pennies to them.
Right, so I’ll bank with the ones that aren’t doing this bullshit. If they want my money they won’t do it, simple as.