A Rose By Any Other Name

Paid service with no ads: Well, if they're not funding it with ad revenue, they need to charge us something.

Paid service with ads: Well that's bullshit.

Seeking Persephone 1.03

"The hat is customizable," he said, struggling with the velcro patch on the front. "If I need it, I have an ICE one too. I pick based off the business i walk into."

"Customizable is an important hat descriptor," I said. "what can I get you?"

"You wouldn't believe how offended people get these days," he said. "And I'm supposed to do something about it if you're offended? You chose to be offended!"

"We all have hundreds of thousands of decisions everyday," I said. I thickened my accent. "That's what my stepdad always said. But I can make one easier - we have a delicious Ethiopian roast available."

"Like if I told you you have a bull ring," he said, "because bulls have rings in their noses. Is that offensive?"

I laughed. "I've heard that before."

"It's a joke, but people get offended. Maybe you're offended."

I looked at him. I smiled. "You aren't trying to offend me though, right?"

Of course he was. I was being friendly and the friendlier I was, the faster he switched topics. He was saying anything inflammatory he could think of to see if I'd take the bait. After about 20 minutes of my redirecting and deescalating, he settled into a more normal interaction. He took up too much of my time showing me a product I'd feigned mild interest in to get him to stop talking about getting accused of inappropriate behavior at work. When we finally disengaged, he spent 10 minutes trying to catch my eye again. When he failed, he left.

There's this new breed of customer who insists on trying to incite political conversation through their clothing and, when that doesnt work, their snide little comments. If I owned my own business, maybe I would have given the guy the fight he wanted. But I work for a corporation and I love paying my bills so I deescalated.

-Don’t use “buy now pay later.” The fine print isn’t what it seems.

-The fine print on medical financing, store credit cards, and contactless payment is also not what it seems.

-Payday loans are still predatory, even when offered by your employer

-Rewards programs are an income stream for the companies that run them. The points systems are manipulated so that the house always wins. They depend on people leaving money in rewards accounts and not in interest-bearing traditional bank accounts.

-Electronic payment apps like VenMo are not banks. You don’t earn interest. Your money is not protected.

-Your financial information is not private if your money is not kept in a regulated bank.

-None of this is regulated by the FDIC. Your money is not protected if it is held by a non-bank doing banking business. Our economy is not protected from the collapse of financial institutions that are not banks.

 A third of younger Americans hold their savings on nonbank tech platforms like Venmo

PEOPLE! DO NOT LEAVE YOUR MONEY IN VENMO OR APPLE PAY OR ANY OF THIS SHIT. FOR THE LOVE OF GOD GO FIND A REAL BANK OR A CREDIT UNION.

If Venmo were to close tomorrow all your money would vanish. There's no insurance or guarantee on any of these things. I know banks aren't great but legit banks will have the "FDIC insured" logo on their doors and websites, which means if my bank goes under tomorrow I still get my money back. Also I guarantee you there is a credit union somewhere in your town, go find it.

your funds are insured up to $250,000 by the FDIC in the event Green Dot Bank fails

In the event Green Dot Bank fails. Meaning the only time your money is protected is if Green Dot goes under. Not if Apple goes under (unlikely, granted). Or if Apple changes its terms (entirely possible). Or if you got scammed. Or if Apple freezes your account because they think you're the one scamming. Or any of the other countless mishaps your money could suffer. Green Dot is insured, but Apple Cash is not.

This is the disclaimer (highlighted) you see before you set up Apple Cash:

For the love of god get an account at a federally insured institution. Look for FDIC (banks) or NCUA (credit unions) insured and regulated financial institution. They are legally required to have this status publicly available and accessible so it's not hard to find.

The FDIC and/or NCUA will insure your accounts up to $250,000 PER AUTHORIZED SIGNER and per account type. These are factors to max your coverage to even higher than $250k but the key point is that if something happens to your bank or accounts there, that first $250k of your money is secured anyway.

Banks are for profit. Credit Unions are exactly what it sounds like: unions. They are not for profit and member owned.

Bigger institutions have more money and resources at their disposal; they have the fancier apps, 24/7 phone banking and more locations. But watch out! They are no different than any other large corporation you've heard of when it comes to ethics. Smaller institutions have more limitations, and lesser size is not an indicator of morality, but it's something to consider when choosing where to keep your money.

These institutions, regardless of what kind you choose, will offer interest bearing accounts. Money Market Savings and Time Accounts (also called Certificates of Deposit,) are popular choices to put the money you already have to work for you. You can earn money just for having your money in an interest bearing account type.

All financial institutions charge fees of one sort or another. They are offering products and services, after all. Nothing is free! They will also disclose options to avoid paying those fees, usually based around meeting specific criteria such as minimum balances or direct deposits.

Nobody can read every single contract ever (and I’m talking website Terms of Service and non-money related things, too! Data privacy stuff! Whatever!) but AI has that capacity.

She called it.

And my manager was like no!!!! If that happened, I would drive to find you guys in my truck and we could eat stuff from my wife's garden and I would make sure everyone I know survived!! I would carry you all on my shoulders away from the zombies!!

OP: Why couldn’t traditional Chinese Yinpiao银票/silver drafts be forged if they were merely slips of paper? (cr大明宝钞，渐越)

Traditional Chinese yinpiao/silver drafts were paper vouchers issued by private banks starting from the Song Dynasty(960–1279). People could exchange these slips for physical silver at bank branches across the country.

Silver drafts were made in multiple copies with matching serrated seal edges. One copy went to the customer and others stayed at the bank. All edges had to fit perfectly together to withdraw silver. The unique split edge marks were almost impossible to copy.

This mechanism is known as qifeng骑缝 (split-joint seal) in China. It first originated in the Western Zhou Dynasty (1046–771 BC). The Rites of Zhou records that contracts were written on bamboo or wooden slips in duplicate. Notches and marks were carved in the middle before splitting the slips, with each party keeping one half. The two halves would be matched by their notches for verification.

During the Spring and Autumn and Warring States periods (770–221 BC), this idea evolved into hufu虎符/tiger tally tokens. A military tally was split into two pieces with identical inscriptions carved along the split edge. Troops could only be deployed if the patterns and characters on both halves perfectly aligned, serving as a metal version of the split-joint anti-counterfeiting system.

The technology matured in the Tang Dynasty (618–907). Government documents and private contracts commonly used split-joint seals stamped across the dividing line. The Chinese character "hetong合同" (contract) was written across the middle before the paper was torn apart, so the complete characters would only appear when the two halves were put together. This split-coupon system was later adopted for Song Dynasty (960–1279) jiaozi paper money and yinpiao/silver drafts of the Ming and Qing dynasties (1368–1912).

Official Song dynasty paper money (Jiaozi交子) was abolished in 1107. Private silver drafts issued by Qing-era piaohao票行 (ancient exchange banks) vanished completely in 1951, hit hard by modern banks and currency reforms. Nowadays silver drafts no longer circulate as currency. Their collectible value depends on their rarity and physical condition.

First they were called "chirographs", but later the word "indenture" (in its earliest meaning as just a legal document of any kind between two people) came to be used, originating from the practice of a contract being written twice on a single piece of parchment and then cut in half with serrated edges (as in dent, "teeth" -> indents -> indenture) in order for each party to take one half, so they could later piece them together and verify that there had been no forgery -- same as the Chinese silver drafts!

(Charter of the Clerecía de Ledesma, 1252, showing the serrated indents at the top -- presumably they are cutting rather than tearing because they're using parchment, which I expect is much harder to tear than wood-pulp paper like the Chinese were using)