Post ATaL70Rbsp0mswIkGO by drscriptt@oldbytes.space
 (DIR) More posts by drscriptt@oldbytes.space
 (DIR) Post #ATaL6zk0Uw8KhhtvIe by mwl@io.mwl.io
       2023-03-13T15:05:27Z
       
       0 likes, 0 repeats
       
       My next business idea: The Boring Bank.We don't speculate. We don't back risky ventures. We just have savings, checking, and--for the edgy--money market accounts. Comfortably profitable, but not profitable enough to attract vulture capitalists. If there's an organized bank run, the CEO works through lunch.The Boring Bank. We don't play with your money.(Yes, I know about credit unions. I only use credit unions, because banks. But there's a prejudice against credit unions, so: bank.)
       
 (DIR) Post #ATaL70Rbsp0mswIkGO by drscriptt@oldbytes.space
       2023-03-13T20:34:29Z
       
       0 likes, 1 repeats
       
       @mwl infrastructure is best when it’s boring and stable.
       
 (DIR) Post #ATaL71a9eXROPjJ5Dk by mwl@io.mwl.io
       2023-03-13T17:56:17Z
       
       0 likes, 0 repeats
       
       Because folks keep asking about credit union prejudice:I don't get it either. I only use credit unions.But if you talk to a bank customer about credit unions, they just aren't interested.Even when they have to change banks, they go to another bank.As a group, banks have killer PR. They are burning up their reputation in the name of short-term profit, but the rep hasn't decayed into uselessness yet.