At that price point, I would be looking for pre-owned iPhones. Why iphone? Because they keep updating their software longer than any other manufacturer.

I have 21 crowns plus a partial in my mouth, being this shit on!

And as soon as he created Facebook, he used it to spy on his fellow students without their consent.

No, it doesn’t work like that at all. The difference is in the demand. You go to your bank and you demand the money in your account and you get it, simple as that. You can’t do that with debt. Me owing you a dollar doesn’t mean you have a dollar to spend. Ease of collection is literally the most important aspect of what we’re discussing.

Think about it this way, if I’m going after your money, do I sue you, or do I sue the bank?

It’s funny you mentioned bailment, the bank is absolutely required to keep enough cash on hand in order to satisfy what the FDIC deems to be a reasonable amount of coverage for their deposit accounts. (search “demand deposit account”)

You own the money in your account, simple as that for individual accounts.

Former banker here. You’re just fucking wrong about that. You’ve said zero true things.