The Counter Pen
Part of a collection of essays on TRUST by @futurepaul
Itโs only โtrustโ if it comes from the โthis could actually harm me if you break my trustโ region of France, otherwise itโs just sparkling eye-for-an-eye.
The counter pen is an invention originally marketed to banks, and most associated with banks. Itโs a perfect symbol of how banks โtrustโ people. Which is to say, they donโt actually trust people. A pen chained to a desk. Feel free to write with the pen! But try and walk away with the pen and youโll discover the catch.
For banks, trust is a numbers game. If I hand out money to enough people, with good enough selection criteria and strong enough enforcement mechanisms, I should profit. Quantifiable risk is a very different flavor of trust.
Posted
Oct 1, 2022