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> you can, like, use software that other people write on your own computer Sounds like your issue boils down to whether this is done with SaaS vs local app
by dreamfactored 9y ago
> you can, like, use software that other people write on your own computer
Sounds like your issue boils down to whether this is done with SaaS vs local app
- zAy0LfpBZLC8mAC 9y agoSort of? So? Though, mind you that "local app" is not the only way to run software. I could also install software on my home server to, I dunno, send me XMPP messages for incoming transactions, dunno whether you would call that a "local app"?
- dreamfactored 9y agoThe objection to software you manage is the same as the objection to software you write - that you won't have the checks, balances, and liabilities of registered suppliers and this would create uninsurable risk that the banking ecosystem can't be expected to bear.
- zAy0LfpBZLC8mAC 9y agoSo, web banking does not exist?