this post was submitted on 26 Jul 2023
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Yeah why would they pay the "owner"? It's their platform they do whatever they want. What a dumb thing to complain about.
Why would the bank give you your money, its their business and you gave it to them.
Not defending the Musk here, but literally it's not your money anymore as soon as you put it in a bank account.
The money you put in your account belongs to the bank, and the account functions as an I.O.U.. A very privileged one compared to other debts, and in most cases redeemable without notice, but you're in fact just another creditor.
That's not how banks work.
It's certainly how banks work where I live, and presuming we are talking about the US here, I did a quick skim through the first few results on google and there mostly seems to be agreement that it is a debtor/creditor relationship.
How would you describe the legal arrangements of a bank account then?