Most software is a terrible pile of unreadable code with no tests and horrible architecture choices, that somehow manages to keep working just through the power of years of customers finding bugs and complaining loud enough to get them fixed.
If you write any automated tests at all, you’re already better than most “professional” software companies. If you have a CI/CD pipeline, you’re far ahead.
Was it ever good?
I don’t think you understand how fractional reserve banking works. The first paragraph of that Wikipedia page already clearly contradicts you. The banks can still only lend money they have (otherwise how would they lend it? Where would it come from? Only the central bank can print currency). What fractional reserve banking is saying is that banks can invest some portion of the customer deposits that they hold into non-liquid assets, often in the form of loans to other customers, but it could also be invested in other things eg government bonds. The interest banks earn by doing that helps pay for the interest they pay to customers on their saving. They also have to carefully manage their liquidity: maximising returns while still holding enough liquid assets to cover any potential spikes in withdrawals.
Even when investing customer funds, banks still have to meet captial requirements set by the regulators which basically say that their risk-adjusted assets have to cover the liabilities of customer deposits, so that for example they can’t just invest all the deposits in Bitcoin as that would pose too high a risk of insolvency. The reason SVB went insolvent recently was that they successfully lobbied the Trump administration to relax capital requirements for banks of their size, then made risky investments that lost money and they suddenly had less money than they owed their customers.
Can you tell me more?
Ability to use the internet well means you have a lot of information at your disposal and can educate yourself out of believing in fairy tales
Hah I had the opposite reaction, I’ll surprised how many people there are in this comment section arguing that God is real. I didn’t know religious people knew how to use the internet tbh
Because it perfectly embodies one thing the Lemmy hivemind hates the most about how large, for-profit corporations tend to behave
I figured out the twist within like the first 5 minutes of my first watch (nobody spoiled it for me, but I knew that there would be a twist and was looking for one) and it made the movie pretty boring imo
All of my Bluetooth devices work flawlessly these days. What are you using?