mooooved

this blog is an archive of a version of me long gone stay crunchwrap supremed

[asspeen]

[asspeen]

happy new year i moved :)

this blog is now an archive... enjoy the 16 or something years of cwinge

[asspeen]

happy new year i moved :)

this blog is now an archive... enjoy the 16 or something years of cwinge

[asspeen]

hi am archiving this blog and moving to a new one :)

[untitledba]

[silly-style]

prices are dropping across the board

[fishgummy]

like what’s up manger

[asspeen]

hi am archiving this blog and moving to a new one :)

[asspeen]

hi am archiving this blog and moving to a new one :)

[omtai]

When you are brutally losing at chess implore your opponent to look inwards its called the little pony gambit

[tsundernova]

Domestic dispute in public

[ktiseos]

legitimately worldview altering realisation and i'm not even employed right now

[asspeen]

hi am archiving this blog and moving to a new one :)

[bitchesgetriches]

Everything Is Becoming a Bank

Most major corporations — from airlines to social media platforms — now aspire to become unregulated banks. Bankification today accounts for

[apatosaurus]

This is a long read, but worth it. Some takeaways:

-Don’t use “buy now pay later.” The fine print isn’t what it seems.

-The fine print on medical financing, store credit cards, and contactless payment is also not what it seems.

-Payday loans are still predatory, even when offered by your employer

-Rewards programs are an income stream for the companies that run them. The points systems are manipulated so that the house always wins. They depend on people leaving money in rewards accounts and not in interest-bearing traditional bank accounts.

-Electronic payment apps like VenMo are not banks. You don’t earn interest. Your money is not protected.

-Your financial information is not private if your money is not kept in a regulated bank.

-None of this is regulated by the FDIC. Your money is not protected if it is held by a non-bank doing banking business. Our economy is not protected from the collapse of financial institutions that are not banks.

-The Biden administration was making progress in increasing accountability for non-banks operating as predatory financial services providers. The current administration is reversing those protections to favor corporations.

[mierac]

Oh boy.

 A third of younger Americans hold their savings on nonbank tech platforms like Venmo

PEOPLE! DO NOT LEAVE YOUR MONEY IN VENMO OR APPLE PAY OR ANY OF THIS SHIT. FOR THE LOVE OF GOD GO FIND A REAL BANK OR A CREDIT UNION.

If Venmo were to close tomorrow all your money would vanish. There's no insurance or guarantee on any of these things. I know banks aren't great but legit banks will have the "FDIC insured" logo on their doors and websites, which means if my bank goes under tomorrow I still get my money back. Also I guarantee you there is a credit union somewhere in your town, go find it.

You can leave some money in Venmo or Apple pay or whatever, but NOT ALL OF IT for the love of God.

[asspeen]

hi am archiving this blog and moving to a new one :)

[trannydurden]

need need need need everyone to see this graph i just encountered

[ovur]

[rslashrats]