cross-posted from: https://lemmy.world/post/17274141

The potential charges, says Marianne Lake, CEO of consumer and community banking at JPMorgan, are a result of new regulatory rules that cap overdraft and late fees. Lake says Chase will be passing along those increased expenses to customers, which would put an end to now-free services such as checking accounts and wealth management tools. And she says she expects other banks will follow suit.

  • magic_smoke@links.hackliberty.org
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    4 months ago

    If nothing else, its because easy, anonymous access to freedom and privacy respecting open-source computing is, as far as I’m concerned, a human right.

    Unfortunately if you want to anonymously use a decent VPN, or host a vm on a static IP you need to pay for it. That if nothing else is a good reason.

    I don’t have good answers to these issues, honestly if you’re not someone who puts a lot of effort into their computing then crypto isn’t for you. Not against those who don’t, it simply asks for a level of security and organization the average user is neither used to, nor willing to commit to.

    Underneath the giant hotbed of scammers and dipshit venture capitalists is a genuinely useful tool for those who care to use it. Whether or not that’s worth it depends on your priorities and beliefs.

    At the end of the day scammers and predatory investors have existed, and will continue to exist as long as capitalism has and does. With or without crypto-currencies.