I'm always mystifed as to why the heck this is on any goverment phones in the first place? With the exception of perhaps PR wonks whos job it is to be on "the socials" (thank you PR wonks, btw).
"Why are so many (of .003% of the male population)..." This feels like some kind of weird PR resurge effort to promote a fake trend into real popularity, for who or what reason I can only guess.
Not a finance guy but I think that would literally be the opposite of how banks work. They have to lend out customers money in various forms, including giving that money to other customers in the form of loans, loaning it in huge chunks to companies for larger percentage rates than they give customers who keep their money in said bank, and so forth. Not sure how a bank that kept every customers money on hand all the time would work.
A "narrow bank" could work, but the Fed currently denies them banking licenses, since (presumably) the social function of banks lending out deposits is considered useful.
I always find the wording of these discoveries interesting where a certain thing started at a particular time, instead of by a particular time. The difference might seem small but I think using "by" better conveys some temporal distance of ramp-up to that technology could be considered, wherease "started at" seems quite abrupt.
If this isn't just playing "follow the leader" behind companies like Meta and Amazon, I wonder if it's related to loss of revenue from customers balking at the exorbitant rates for Jira and Confluence. I understand there's a balance between selling as wide as possible and then having to support that wider dispersal (to eventually diminishing returns) but from the outside the numbers seem rather unreasonable. I know at least two large companies who are actively looking for a replacement because of that (even with the understood compromise in features this might entail).
