College_Prestige

joined 1 year ago
[–] [email protected] 1 points 11 months ago (1 children)

Main issue is companies really do not want to become banks because it opens a ton of new regulations on them. That's why square fought so hard for an industrial bank charter which allows them to skirt oversight

[–] [email protected] 1 points 11 months ago

Same reason why we hold the ritz carlton to a higher standard than a hilton

[–] [email protected] 1 points 11 months ago (1 children)

It's because fingers are rounded and not square.