Comment by tehwebguy
4 months ago
> Normal people who experience a bank treating them like shit will assume the bank has treated them like shit. However they are wrong.
4 months ago
> Normal people who experience a bank treating them like shit will assume the bank has treated them like shit. However they are wrong.
When it's not actually a quote, you might want to present it a little differently. Especially when nobody can tell that its fake at a glance.
The guy isn't arguing that the outcome is sane or deserved, but rather than most victims mis-identify the motives and causes.
Yep. His explanation of the details is somewhat interesting, but his insistence on ascribing all moral responsibility to customers, governments, or random bystanders because none of this could possibly be anyone in the banking industry's fault is infuriating.
I mean, he is correct though. The laws exist and financial institutions need to follow them, or else Binance happens.
Financial institutions are far from passive bystanders in the legal process that creates those laws, much less the regulatory process that applies them in practice. Binance is frankly probably the lesser evil at this point.
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