Jacobo_Villa_Lobos

But I thought that China needed to reduce their emissions before the USA could do anything to reduce theirs!

Deeply unserious. Like, what is that 🍉 emoji even doing in their name?

From what I’ve read, it doesn’t look like FedNow is a person to person service yet. If your banks participate in FedNow, it looks like it depends heavily on how your bank decides to implement it

Your latheing skills are too powerful because you already made it happen!

Payment technology and techniques are a rabbit-hole interest for me, and I think the advent of the FedNow system in the US is a very good idea. https://explore.fednow.org/

Of course, I’m not holding my breath. Payment in the US is historically very decentralized and change happens very slowly. ACH (Automatic Clearing House) is the main way USians make payments electronically. It serves as the backend for other technologies like Paypal and Venmo. It only came about in 1978, and was consolidated into one system in the early 90s.

ACH kind of stinks, though. It’s slow (not unheard of for payments to take 3 working days), doesn’t operate on weekends or US holidays, and transactions require the sender to know the receiver’s routing number and bank account number which is hilariously insecure. With that information, it’s easy to drain someone’s account and make their life very difficult.

Many checks these days are handled as ACH payments because they have all the necessary information to complete one printed on the check. But regardless, because banks don’t trust each other, checks were physically mailed and flown across the country between sending banks, their local Fed branches, any intermediary banks, the Fed branch closest to the receiving bank, and the receiving bank until 20 years ago.

https://www.federalreservehistory.org/essays/check-payments

The reason for this? September 11!

Thanks for reading, and remember that the US is a deeply unserious country.

Mostly unrelated, but the land use in the thumbnail makes me want to scream

It’s where the volcel police have their main station. They even have it on their patrol cars. Don’t believe me? Just watch:

Me too. I hope the battle with covid is short and to the point

And this is how I find out??? By a montage of dancing crabs on the geometric ursine website???????

Number 21’s parents really really loved Ethiopian food

Good for them! They were always a good egg

This is beautiful, well done OP