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The end of free bank accounts is bad news for Monzo and its rivals
- mr_gibbins 6y agoThe technical impact of a negative interest rate is going to be a huge concern for hundreds of thousands of financial systems. While a numeric ranges below zero, there will be a lot of code that relies on the principle that the base rate will be more than zero. Even if zero itself, consider any function that divides by the base rate!
- BerislavLopac 6y agoThat sounds like a good starting point for a "Falsehoods programmers believe about finances" article...