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> This is a non-issue for almost everyone. Very true. It’s almost always a non-issue (and could probably be ameliorated if you’re prepared in advance). But, I

> This is a non-issue for almost everyone. Very true. It’s almost always a non-issue (and could probably be ameliorated if you’re prepared in advance). But, I’ll guarantee you, that one time in your life when you suddenly NEED $25,000 for emergency medical costs, or to close a critical business deal, or to pay for your wedding, or a parent’s funeral, or to help out friend or family in dire trouble? Then, that one time, it is the biggest issue of your life. If a polite and cautious bureaucrat blocks it, then you will be angry about it forever. And that one time is enough for one life. You will not understand this until it happens to you.

ibejoeb 3y ago
And the threshold might not even be that high. I tried to take $8,000 from an account--at one of the fancy "private client" banks with a dedicated banker--and it took 10 days. This guy wanted to know how I intended to spend it. Essentially, the expectation was that I would ask permission and make my case for why I should be allowed the cash.
onlyrealcuzzo 3y ago
> NEED $25,000 for emergency medical costs, or to close a critical business deal, or to pay for your wedding, or a parent’s funeral, or to help out friend or family in dire trouble? None of these are issues for anyone with that kind of money. There's a thing called credit - which if you have that kind of cash - you have that kind of credit.
- curiousObject 3y ago
  There's a thing called credit Sorry. But you speak from a position of privilege of which you are unaware, and you clearly have no idea about how this stuff sometimes works in the real world. I apologize for being very rude. But you have never experienced this and you are wrong. I hope you never have this misfortune to learn this from personal experience. I apologize for my impolite manner here.
  - onlyrealcuzzo 3y ago
    If you have $100,000 in cash, you have privilege. I don't know what part you can't see.

ibejoeb 3y ago

And the threshold might not even be that high. I tried to take $8,000 from an account--at one of the fancy "private client" banks with a dedicated banker--and it took 10 days. This guy wanted to know how I intended to spend it. Essentially, the expectation was that I would ask permission and make my case for why I should be allowed the cash.

onlyrealcuzzo 3y ago

> NEED $25,000 for emergency medical costs, or to close a critical business deal, or to pay for your wedding, or a parent’s funeral, or to help out friend or family in dire trouble? None of these are issues for anyone with that kind of money. There's a thing called credit - which if you have that kind of cash - you have that kind of credit.

curiousObject 3y ago
There's a thing called credit Sorry. But you speak from a position of privilege of which you are unaware, and you clearly have no idea about how this stuff sometimes works in the real world. I apologize for being very rude. But you have never experienced this and you are wrong. I hope you never have this misfortune to learn this from personal experience. I apologize for my impolite manner here.
- onlyrealcuzzo 3y ago
  If you have $100,000 in cash, you have privilege. I don't know what part you can't see.