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> There's no reason a bank account shouldn't be programmable Agreed. But until we have a better system of plainly showing access levels to one's account its a
by KaiserPro 6y ago
> There's no reason a bank account shouldn't be programmable
Agreed.
But until we have a better system of plainly showing access levels to one's account its a scammer paradise to allow access via said API.
You and I are educated in the world of API access, so will think twice before clicking "agree" to allowing emoji corp access to my bank account to "verify your identity", but a significant number of people would blindly click allow. Until we have either educated the public, or made an access GUI that stops 99.9% of that kind of use case, its just not worth the hassle.
- kolinko 6y ago> But until we have a better system of plainly showing access levels to one's account its a scammer paradise to allow access via said API. Nobody says such API would be connected to a person's life holdings. It could be low amounts that are safe to lose in case of a hack. Of course, you need to educate people to not put all their life savings into those accounts. But the same applies to multiple other services.
- fomine3 6y agoIt looks like "Serveless is wrong word!" discussion. (I agree both)
- pessimizer 6y agoThere's no difference between this and the transfers I can do on my bank's website. If anything, having a government crypto account would mean that the government would know who was on both ends of every transaction made through it, and could trivially reverse payments.