Remix.run Logo
▲ T-RN-R 6 hours ago

99.999% of people don’t root and install custom operating systems on consumer hardware. The bank derives immense security value by enforcing this, at the expense of your hobby installation.

▲verelo 5 hours ago | parent | next [-]

I don't think this is as unusual are you're implying it might be.

I've moved funds ranging from 10k to $1m between banks in Canada much more than once, and every single time, I go to one and get a draft and drive that draft over to the destination bank. It's just easier...and its absurd.

▲dcrazy 4 hours ago | parent [-]

When you show up to get a cashier’s check, the teller has very strong proof that you’re not a scammer sitting in Malaysia. And you’re presumably OK with waiting the 1-3 days for the cashier’s check to clear.

This might be true in Canada too: the real estate industry down here is entirely dependent on wire transfers, and yet they are absolutely terrified of wire scams. Maybe if FedNow had existed when I bought my place, I could have gotten a draft slip from my bank and driven it over to the title company.

▲bawolff 3 hours ago | parent | prev | next [-]

While i agree it is uncommon - i disagree that banks get much security value from this. Most banks let you do etransfers from a desktop computer just normally. I dont really see what attacks banning rooted phones stop when you can just use your normal linux desktop.

▲switchbak 5 hours ago | parent | prev [-]

Yeah what did you need that freedom for anyway?