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> ATMs are secure because banks would lose money if they weren’t. Not because of regulation. Banking is heavely regulated. I agree that security is good busine
by Hokusai 7y ago
> ATMs are secure because banks would lose money if they weren’t. Not because of regulation.
Banking is heavely regulated. I agree that security is good business practice. But, to disregard regulations without proof is a big leap of faith.
Banking have survived thanks to government intervention. And to start with got itself in a mess because Great Depression era regulations where removed.