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Joined 1 year ago
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Cake day: July 30th, 2023

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  • I’ll be perfectly honest: I don’t care about the technicalities. Anybody can still buy compostable garbage bags that, to a layperson, sure feel similar to any other plastic bag.

    If it is biodegradable / compostable, it should be available for purchase at checkout points for a small fee, regardless of whether it is made of plastic, advanced biopolymers or unicorn semen.

    The only place I see with degradable bags at checkout is Whole Foods with their (rather robust) paper bags. All other shops have done away with disposable bags and it’s an annoyance to customers when they forget their reusable bags at home.










  • I can lend money to others without them as middlemen

    Private banks are highly regulated businesses to avoid fraud and maintain the trust and stability of the financial system. They also play a key role in the creation of money supply. Banks literally create money when they issue a loan, something no other business can do.

    and at the same time they seem to suggest that having money in banks is not risk-free

    Because it isn’t 100% risk free: your bank can default and if your cash balance exceeds the amount that is insured by the government you can lose that excess.

    The central bank cannot go bankrupt because it issues its own currency. You could experience the effects of inflation, but you would be protected from bankruptcy.

    That’s why authorities are concerned about allowing citizens to hold their savings in central bank accounts.