18 ms·
Somehow those tubes keep $22tn flowing :) Alas, I’m not sure which tubes you’re referring to. These days, banks use FTP to shuffle bank transfers around. Howe
by barsonme 5y ago
Somehow those tubes keep $22tn flowing :)
Alas, I’m not sure which tubes you’re referring to. These days, banks use FTP to shuffle bank transfers around.
However, I do think checks have their uses. I’d rather write a check than use cash any day of the week. You can cancel a check, but you can’t cancel cash. Of course, I’d rather pay digitally. But sometimes that’s not an option.
Also: “cashing” a check usually just mean depositing it into your bank account. Not swapping it for cash, although you can do that, too.