5 ms·

Buy the cheapest updatable phone that will work for your bank(probably a used iPhone) and use a free OS for everything else.

dns_snek 1y ago
No, I don't want to buy, take care of, and carry around 2 devices at all times. I'm not a drug dealer.
- deleted 1y ago
  [deleted]
- mfru 1y ago
  so only drug dealers use two phones?
  - dns_snek 1y ago
    Pretty much, yes. Drug dealers and people who are getting paid to carry a second device for work by their employer. I am neither.
    - mfru 1y ago
      I'm sure you have evidence for this, I am certainly not fitting into your frame.
- drnick1 1y ago
  You don't have to carry two phones. The idea is that the second phone stays home powered off and is used as an access token for the bank's website. There is no reason to carry it around. Pay cash in stores or use a credit card when cash is inconvenient.
  - dns_snek 1y ago
    I think this is a pretty outdated view of banking. I open a banking app at least a few times a day. In the EU just about every online transaction has to be approved in the app, we also use various payment apps for quick person to person transfers, use the app to generate disposable virtual cards for online purchases, etc. I could cut myself off from the modern financial world and just use online banking like it's 2010 but that's a pretty big ask.
    - structural 1y ago
      Is this a EU-specific thing? In North America I've never installed a banking app, don't even know if my institution even has one.
      - thisislife2 1y ago
        The US is way, way behind in banking P2P technology / fintech adoption. In many parts of Asia, even uneducated street vendors now accept digital payments via mobile phones (that's how easy it is). See - https://www.forbes.com/sites/pennylee/2024/04/17/the-us-lags-other-countries-on-faster-paymentswhy/ https://www.forbes.com/sites/pennylee/2024/04/17/the-us-lags... and
        drnick1 1y ago
        I would rather not have the kind of "financial innovation" that requires non-free apps running on non-free operating systems on locked down hardware. These apps, by design, track how people spend their money.
        XorNot 1y ago
        I cannot stress how much I do not care. Nor does anyone else. I want to be able to run software on my device, not fulfill some nuts low-rent fantasy that they're a rebel against the government.
        thisislife2 1y ago
        > These apps, by design, track how people spend their money. That depends - In India, for example, I am free to use either (1) a private company's app (like PayTM, Google Pay, PaisePe etc.) (2) a Government app or (3) my Bank's app to make digital payment using the Unified Payment Interface (UPI) (or all 3). And, if I don't want to use any mobile app, I can still make offline payment through my mobile phone over USSD - https://razorpay.com/blog/how-to-make-offline-upi-payments/ https://razorpay.com/blog/how-to-make-offline-upi-payments/ ... (You are right though that it is prone to abuse in the absence of strong privacy and data protection laws - digital payment does allow new form of surveillance capitalism to the corporates and new avenues of authoritarian control to the government).
- sharts 1y ago
  Not a drug dealer but perhaps a bank dealer

dns_snek 1y ago

No, I don't want to buy, take care of, and carry around 2 devices at all times. I'm not a drug dealer.

deleted 1y ago
[deleted]
mfru 1y ago
so only drug dealers use two phones?
- dns_snek 1y ago
  Pretty much, yes. Drug dealers and people who are getting paid to carry a second device for work by their employer. I am neither.
  - mfru 1y ago
    I'm sure you have evidence for this, I am certainly not fitting into your frame.
drnick1 1y ago
You don't have to carry two phones. The idea is that the second phone stays home powered off and is used as an access token for the bank's website. There is no reason to carry it around. Pay cash in stores or use a credit card when cash is inconvenient.
- dns_snek 1y ago
  I think this is a pretty outdated view of banking. I open a banking app at least a few times a day. In the EU just about every online transaction has to be approved in the app, we also use various payment apps for quick person to person transfers, use the app to generate disposable virtual cards for online purchases, etc. I could cut myself off from the modern financial world and just use online banking like it's 2010 but that's a pretty big ask.
  - structural 1y ago
    Is this a EU-specific thing? In North America I've never installed a banking app, don't even know if my institution even has one.
    - thisislife2 1y ago
      The US is way, way behind in banking P2P technology / fintech adoption. In many parts of Asia, even uneducated street vendors now accept digital payments via mobile phones (that's how easy it is). See - https://www.forbes.com/sites/pennylee/2024/04/17/the-us-lags-other-countries-on-faster-paymentswhy/ https://www.forbes.com/sites/pennylee/2024/04/17/the-us-lags... and
      - drnick1 1y ago
        I would rather not have the kind of "financial innovation" that requires non-free apps running on non-free operating systems on locked down hardware. These apps, by design, track how people spend their money.
        XorNot 1y ago
        I cannot stress how much I do not care. Nor does anyone else. I want to be able to run software on my device, not fulfill some nuts low-rent fantasy that they're a rebel against the government.
        thisislife2 1y ago
        > These apps, by design, track how people spend their money. That depends - In India, for example, I am free to use either (1) a private company's app (like PayTM, Google Pay, PaisePe etc.) (2) a Government app or (3) my Bank's app to make digital payment using the Unified Payment Interface (UPI) (or all 3). And, if I don't want to use any mobile app, I can still make offline payment through my mobile phone over USSD - https://razorpay.com/blog/how-to-make-offline-upi-payments/ https://razorpay.com/blog/how-to-make-offline-upi-payments/ ... (You are right though that it is prone to abuse in the absence of strong privacy and data protection laws - digital payment does allow new form of surveillance capitalism to the corporates and new avenues of authoritarian control to the government).
sharts 1y ago
Not a drug dealer but perhaps a bank dealer