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Great, now do Amazon

What country are you in? If it’s the USA, then yeah my understanding is that regulations are a lot worse/weaker there. The stuff you described wouldn’t fly if it was a UK or EU bank I believe. SVB failing wouldn’t have happened here either (nor would it have in the USA before Trump)

Yeah PayPal are terrible lol, I’ve got some horror stories of my own

Then why not use the same app?

If you deposit money at a bank, it is covered by federal deposit protection insurance (up to some limit that varies by country but generally in the range of $100k-$250k), so you are guaranteed to be able to get it back no matter what. Even if the bank fails. Banks are subject to extremely strict regulation to protect consumers and make sure you have access to your funds

PayPal is not a bank, it’s an EMI (e-money institution), but those are heavily regulated to protect consumers. Your funds are not covered by deposit protection insurance, but as an EMI they have to keep your money in a safeguarding account at a real bank and they can’t use it themselves, so in case PayPal fails you will still get your money back. Revolut in the UK is another example of a non-bank EMI

Glad I got to see this comment before the Lemmy hivemind downvoted you to oblivion for posting data that contradicts their world view!

Tbh you can actually quite easily buy a computer with Linux pre installed (ironically they cost more than the ones that come with windows though). I wouldn’t recommend it though, regardless of tech literacy. The problem is that Linux is like 70% easy and great, 20% frustratingly glitchy and unfinished, and 10% getting stuck on completely impossible problems that you will lose weeks of your life to before eventually concluding that no solution actually exists. Nothing ever quite just works, there’s always some caveat or minor issue and you end up chasing rabbit holes instead of actually using your computer to do what you wanted to do

For a community that loves Linux so much, Lemmy seems really obsessed with everything Microsoft does

The Chinese ones are cheap because they’re being subsidised by the Chinese govt to be sold that cheaply overseas as a deliberate economic attack tho

Agree to disagree I guess! I used an iPhone X as my daily driver for 3 years and was overjoyed to get the Android UI back when I switched back. The iPhone visuals are more consistent but the UX is significantly worse imo. There are a few things that I reckon are mainly just Apple being stubborn and refusing to admit they were wrong - e.g. the lack of a back button

I only recently found out about iPhones having 50% market share in the US and that’s insane to me. I think anyone who’s used both Android and iPhones a lot knows that iPhones are both a worse product and worse value for money, so in a fair market they would be the minority

Currently what billionaires do is never sell their assets so that they never have to pay capital gains tax (since they haven’t realised the gain), but then take out large loans using those assets as collateral and live off the loans. That allows them to enjoy the benefits of their capital gain without ever paying tax on it.

The line you quoted is saying that if you use some asset as collateral for a loan then for tax purposes that should count as realising any gains in value

Yeah I guess there would have to be some kind of bracket system like… the more people who are registered supporters of your party the higher level of campaign funding you unlock? And it starts at zero

That’s an interesting idea. I’ve found personally that every time I’ve worked for a publically traded company I’ve hated it because everything is just about increasing share price no matter what. OTOH I think investment is very useful for progress though… I’m not sure how investment would work without ownership

Ban political donations, all political parties get the same, small campaign budget and allotment of advertising space/airtime funded by the government instead

Forced retirement of politicians at whatever the national retirement age currently is

You missed a very important one, fix the main reason billionaires don’t pay any tax:

Using your unrealised gains (e.g. shares) as collatoral to take out loans should be considered realising those gains and thus subject to capital gains tax

As a person in Europe currently using it, I am very confused by this comment

Angry upvote

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