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Comment Re:Customer-tracking App (Score 2) 129

When I first opened a bank account, the only way to get money in or out of the account was to visit the bank and talk to a teller. This was before ATMs. The bank made you use particular forms for both deposit and withdrawal.

Every pay day, it was always a challenge to get to a bank in time to deposit and take enough cash out for the next few weeks. It was very inconvenient and felt like the bank had all the power in the relationship.

I prefer the convenience we have now and I really love mobile banking.

I guess that I would prefer to have the option of keeping a card as a backup to my mobile device, but not having a card is not necessarily a deal-breaker for me, as long as there were steps that I could take to create a secure backup for my phone. For example, a secure seed phrase that I could keep in a safe that I could present in order to re-populate my phone's wallet while invalidating the previous phone's wallet.

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