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"Example: I can suggest your bank could be doing all SORTS of things with your data - potentially supremely damaging stuff.... but you trust them, right? ;)" N

"Example: I can suggest your bank could be doing all SORTS of things with your data - potentially supremely damaging stuff.... but you trust them, right? ;)" No. Of course I don't. Unless you're banking at "Wee Lil Credite Unione" you'd be foolish to trust your bank. But I have no choice. I do use a Credit Union for some of my financial needs but when it comes to IRAs, Brokerage Accounts, ETFs, etc, I have only the choice between a large corporate bank and a boutique brokerage with much higher fees.And business banking brings a whole different set of requirements. Reckless profit-seeking bank, fueled by bonus-hungry execs, levied vast damage to the US economy. I don't trust them. That idea is almost humorous. But i need them. And like it or not, I need Google. We all do. I dare say that the banking sector might not have been best choice of analogy.

ErrantX 17y ago
what makes you trust creidt unions? I think banking is the perfect example because they are a very similar model. Obviously your distrustful of them all. Why are you more trustful of another search engine than Google? And if your not then you have to use some search engine otherwise web browsing is a complete pain - and which one do you use? the one you distrust the least (I assume). Sounding similar to the banks in your model? At some point you have to extend a level of trust to some entity - be it a bank or a search engine (though I would argue the level of trust for a bank has to be much higher, surely!!). If you cant do that then you have to keep your money under a mattress, or indeed not surf the internet... (Edit: In case my point is a bit confusing - why are you suggesting that Google are any more or less trustworthy than any other site you visit. How can you trust pg not to be selling our data to people? I'm personally 100% sure he isn't but the suggestion is there - and I bet if it was made seriously people would demand evidence)
- encoderer 17y ago
  I don't trust credit unions per se, I trust small companies far more than I trust large ones. Small companies are more transparent. They are built more on personal relationships than global branding campaigns. When you're small, most employees share the vision of the founders, because they work with them every day, and because the founders wouldn't have hired them otherwise. And because small companies simply cannot afford to seek short-term profits the way large companies can. There's no reward for that. I'm sorry in advance for sounding like a prick, but isn't that obvious?

ErrantX 17y ago

what makes you trust creidt unions? I think banking is the perfect example because they are a very similar model. Obviously your distrustful of them all. Why are you more trustful of another search engine than Google? And if your not then you have to use some search engine otherwise web browsing is a complete pain - and which one do you use? the one you distrust the least (I assume). Sounding similar to the banks in your model? At some point you have to extend a level of trust to some entity - be it a bank or a search engine (though I would argue the level of trust for a bank has to be much higher, surely!!). If you cant do that then you have to keep your money under a mattress, or indeed not surf the internet... (Edit: In case my point is a bit confusing - why are you suggesting that Google are any more or less trustworthy than any other site you visit. How can you trust pg not to be selling our data to people? I'm personally 100% sure he isn't but the suggestion is there - and I bet if it was made seriously people would demand evidence)

encoderer 17y ago
I don't trust credit unions per se, I trust small companies far more than I trust large ones. Small companies are more transparent. They are built more on personal relationships than global branding campaigns. When you're small, most employees share the vision of the founders, because they work with them every day, and because the founders wouldn't have hired them otherwise. And because small companies simply cannot afford to seek short-term profits the way large companies can. There's no reward for that. I'm sorry in advance for sounding like a prick, but isn't that obvious?