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> It has always confused me When this feeling occurs, why is the next step "wow the US sucks" instead of "there must be some good reason that I don't understan
by rootusrootus 3y ago
> It has always confused me
When this feeling occurs, why is the next step "wow the US sucks" instead of "there must be some good reason that I don't understand."
- peacefulhat 3y agothe experience of being in other countries
- deleted 3y ago[deleted]
- ggm 3y agoSo what do you think is the positive reason for US exceptionalism here?
- mardifoufs 3y agoAs opposed to European exceptionalism that assumes that whatever is done in Europe is not only standard but also better?
- isbvhodnvemrwvn 3y agoI what way shape or form can settling money over several days be better than instant transfers with direct auth?
- mardifoufs 3y agoYou can do that too! It's just that you can also use checks. I don't see the problem, instant money transfers are ubiquitous and were easy for me even as a visitor in the US. The fact that bank transferts take longer doesn't really matter day to day, they just don't use them for that
- ggm 3y agoJust to be clear, I live in Australia and we also have 3 day cheque clearing but the banks and government are closing out on cheque processes and almost everything now is payid which is instant settlement. From what little I read it's more reliable than venmo.
- bombcar 3y agoIt can be all of the above! Usually, however, it’s that we started a system earlier, or it has survived longer, for any number of various reasons, and has never needed to be fully replaced. Same way that a country that never had anything before now won’t run copper telephone wires, and instead go directly to fiber backboned wireless.
- PeterisP 3y agoBecause the reasons that are there aren't good; most of the other countries had a similar situation but switched decades ago.