“If it involves money. It’ll be on our platform. Money or securities or whatever. So, it’s not just like send $20 to my friend. I’m talking about, like, you won’t need a bank account.”

Well that sounds terrifying!

  • popemichael@lemmy.sdf.org
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    1 year ago

    I pretty much run everything through paypal for the extra layer of security.

    It saved my ass when I was doxxed and hacked. I had my logins and financial information stolen.

    I can totally see not putting more than a few thousand into the balance if you’re going to use it like a secured credit card.

    Otherwise, keeping $0 in it and using it as a middle man between your bank and the outside world is a fantastic solution to protecting yourself.