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Programming note: Happy New Year! I’ve left my full-time employment and, while I am not entirely certain what I’ll do for my next adventure, I intend to continue writing Bits about Money and potentially increase the number of cycles I spend on it. I’m also moving it to a reader-supported model. More details on Friday but if you already know that is something you want to support, then *here you go*. It is also now on its own domain (bitsaboutmoney.com).
ATMs are connected to banks by networks which operate little-understood payment rails.
We are not affiliated with Patrick McKenzie. This unofficial audio edition is available to listen to and share for free. Read the original on Bits about Money.
Duration
~16 minutes (16K characters)
Release date
Jan 2, 2023