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If your friend goes to an ATM for $20 and their bank fines them with a large percentage fee on their income; are you likely to also choose this bank?
by reedf1 1y ago
If your friend goes to an ATM for $20 and their bank fines them with a large percentage fee on their income; are you likely to also choose this bank?
- PicassoCTs 1y agoYou assume you are trying to run the bank profitable. But maybe you are just a very good friend, of another bank, that wants to see your bank bankrupt?
- 627467 1y agoYou just discovered the concept of natural monopoly
- stackedinserter 1y agoIf I go to any bank to withdraw $50000 in cash, they won't let me either.
- Arnt 1y agoYou just need to give advance warning, and perhaps pick up the cash at a big branch where the bank has good security. This isn't difficult.
- stackedinserter 1y agoGetting this gold is not difficult either, on the state scale of difficulty. It's just not that easy like your uber eats delivery.
- hn14442 1y agoSurely gold is different from just account balance right ? They promised to actually keep those gold in the vault, and not spend the gold and keep only the equivalent in bank notes.