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Joined 10 months ago
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Cake day: August 24th, 2023

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  • That isn’t quite right. If you stopped paying the bank would kick you out and sell the apartment to someone else, but if they get less than you owe them for it, they will also send you a bill for the remainder.

    And then sue you to get that money.

    Interestingly, if they get more than you owe them for it, they will cut you a check for the difference.

    But you are actually wrong about how and what the order of operations is.

    You are buying the house, the lender (bank) writes the check directly to the seller, and you sign a mortgage agreement for that much with the bank and they put a lien on your house. The bank does not own the house, you do. The bank owns a promissory note from you, backed by your personal wealth and credit and the value of the house (that they have a lien on).

    In the case of Twitter, yes, Twitter itself is part of the collateral, but so was Elon musks personal wealth and Tesla shares.








  • It is controlled and monetizable by the telcos. It isn’t better. And it’s barely standardized. Google sells a service to telcos to implement RCS that doesn’t really work well with anyone else’s RCS, or didn’t.

    Go look at the amount of threads with people saying “my RCS message from my Samsung didn’t get to my friend on T-Mobile with a pixel”.

    This is not the future anyone deserves.



  • RCS is basically proprietary RCS.

    It is not open, it is controlled by the telcos, and google has been pushing their own proprietary version of RCS to the telcos.

    It’s no better than iMessage. This isn’t a problem in the rest of the world, they just all use WhatsApp.

    This is a legacy of the US being out in front of adoption of SMS, and it still being ingrained. It’s largely only a US problem. And it’s not even really a problem.

    I love iMessage, but I have WhatsApp and signal and like 19 other apps that offer messaging for people who prefer it.








  • lol. This thread is about people mad that google is doing it, and you’re saying so what if a nation state does it?

    The answer is the same either way - to either sell the data to a party who want to manipulate you into doing or thinking what they want or by directly manipulating you into doing or thinking what they want.

    Same with Reddit and lemmy. It doesn’t take a whole lot of investment (on a state level actor basis) to manipulate small and large communities or individuals into thinking something is normal or mainstream. Or convincing them that everyone loves this product or it’s so popular or whatever.

    The CCP censors their entire internet for their people and collects all sorts of information to root out dissidents. What good thing do you think is going to come from them having that data?