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Joined 1 year ago
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Cake day: June 13th, 2023

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  • It refers to the annexes you see growing out of the back of the house. People used to (and sometimes still do) start with a modest house, and then as time went on and money came in, build out into the yard, adding a new kitchen, toilet, shed, veranda, etc.

    It has since also come to refer to things that get extended and patched up over time without a lot of coherence or forethought, like our tax codes (they just add rules, bonuses, penalties, etc. on top of the baseline instead of doing a thorough tax reform)


















  • I have to disagree here. Disclaimer: I work for a bank but not super into the core financial stuff. Firstly, banks are already super heavily regulated; anti money laundering, terrorism financing, know your customer, etc. The reason crypto takes minutes for international transfers and banks can take days isn’t because of technology, it’s all of those checks on fraud happening. All the money leaving a bank account is, barring very advanced fraud, with the user’s consent, but in fraud cases this is often done via social engineering (calling someone to get their codes from their bank card reader, or pretending to be a family member in need).