28
TIL my bank has a "gambling lock" feature
(www.commbank.com.au)
Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!
Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)
What about an alcohol lock? Porn lock? Overspending lock?
I think it’s nice the feature is available, but a default opt-out is corporate babysitting and I would immediately close an account that opted me in automatically.
Agreed. It really has to be opt in only. Advertise it or something but it has to be the users choice
i am weary of absolute statements, because it's rare to encounter something that is 100% good or 100% evil (but i won't rule it out, because that in itself would be an absolute statement, haha)
i agree with disliking corporate babysitting in general, but i think context matters and i won't rule out the possibility that specific examples of corporate babysitting might align with my values or (by my own measure) seem to be a net good
for example, the UK laws requiring ISPs to block pornography except where users have opted-in is a great way for the government to produce a list of people they can blackmail, because use of pornography is considered embarassing and shameful (clarification: i consider this net-harmful babysitting)
but i consider this gambling lock to be net-positive
I'm curious to discuss reasons why having to opt-in to commercial gambling is a net positive/negative