this post was submitted on 03 Jul 2023
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Showerthoughts

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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted, clever little truths, hidden in daily life.

Here are some examples to inspire your own showerthoughts: 1

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  2. The entire showerthought must be in the title
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    • If your topic is in a grey area, please phrase it to emphasize the fascinating aspects, not the dramatic aspects. You can do this by avoiding overly politicized terms such as "capitalism" and "communism". If you must make comparisons, you can say something is different without saying something is better/worse.
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If you made it this far, showerthoughts is accepting new mods. This community is generally tame so its not a lot of work, but having a few more mods would help reports get addressed a little sooner.

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[–] CoderKat@lemm.ee 8 points 2 years ago

No, not Bitcoin or crypto. Those are currencies but don’t provide financial services.

They're not even currencies. Most people buy them solely to hold onto them, not to spend.

In theory, you could have open source bank software. Security by obscurity isn't security, after all. If the only thing keeping you safe is the code being closed source, you're not actually safe. Attackers will find exploits even in closed source code (just look at how many Windows exploits there have been) and attackers may get access to source code anyway. However, I think you might have a tough time convincing the average person of this, based on how I've seen folks react to open source in the past.

Above all, the kinds of people who love FOSS and the kinds of people who want to run a bank are probably two completely separate circles. Heck, banks seem to regularly have terrible security, actively breaking best practices.