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  • Venmo

    I’m old fashioned, I carry a wad of cash on me all the time. So last week I’m at the big east tournament. We buy the ticket package for the entire tournament but after St Johns gets eliminated we want to unload our tickets for the Saturday final. So there’s some Villanova chick on the beer line looking for tickets. Perfect, but she has no cash to pay only Venmo. What the duck is Venmo? She really wants the tickets so I bring her back to my seats where theres about 10 people in my group to see if anyone has Venmo and voila someone does and we consummate the transaction. So when I get home I decide I need to get one of these virtual wallets as we head toward a cashless society and I start researching Venmo. One Twitter search and there’s 100s of sick people begging for money to be sent to them via Venmo promising nude photos, sex, anything. Just send money to their Venmo account. Rather than get a job these millennials try to make money by begging for it through Venmo. I’m not getting Venmo. I plan to be the last person on earth to use cash.
    “President Obama is a personal friend of mine,” said Rickles. “He was over to the house yesterday, but the mop broke.”


    It's early!!!


    Be the kind of person that when your feet hit the floor each morning liberals say "Oh crap he's up"

  • #2
    Imagine if there was a way you could carry around all your wealth like cash in your pocket and still be able to send it to anyone in the world instantly without having to go through a third party like Venmo?

    Someone should really invent that thing.

    Comment


    • #3
      Let me know when someone invents a transaction tool or app - that also stores medical records and other important documents - that is implanted into your wrist or forehead.

      Then I’’ll show you where we’’re going to hole up and defend in MO and KS.

      Everyone makes fun of rednecks ....... until the apocalypse hits.
      Plandy Balderschlong is a douchebag who was once escorted out of a petting zoo for engaging in assplay with pygmy goats.

      discuss ......

      Comment


      • #4
        PayPal is much less shady than what Venmo sounds like.

        Sounds like the cashless version of a cash only establishment that wants untraceable (good luck with that) profits so they can scam the IRS!

        I mean its bartering, not income, but still just as shady with what you’re describing.

        Actually, I suppose there are ways to circumvent the PayPal way of transfering money. Go through “Friends and Family” instead of “Goods and Services” so that the buyer doesn’t pay the nominal surcharge or whatever. But still, PayPal was born as an offshoot of a bigger company, eBay, not like some enterprising millennial trying to make the world smaller, but failing to realize what happens when your widget gets too big for you to handle.

        Perfect example, look up Patreon, the crowd funding, monthly subscription platform for entertainers.
        NY Sports Day Independent Gotham Sports Coverage
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        Comment


        • #5
          Once RTP (real time payments) and open APIs are fully embraced and implemented by the US, likely fully implemented by 2021 you will see P2P payments.
          COME BY THE SCHOOL a year from now you"ll wish you started today

          "they all think they’re geniuses who just happen to agree with each other. This creates a near total blindness to facts, data, and opinions that don’t line up with their worldview"


          (Originally posted by Attorney General Barr)
          "it also does not exonerate him"
          ​​​
          Semper Fortis......De Oppresso Liber

          Comment


          • #6
            Originally posted by SteveJRogers View Post
            PayPal is much less shady than what Venmo sounds like.

            Sounds like the cashless version of a cash only establishment that wants untraceable (good luck with that) profits so they can scam the IRS!

            I mean its bartering, not income, but still just as shady with what you’re describing.

            Actually, I suppose there are ways to circumvent the PayPal way of transfering money. Go through “Friends and Family” instead of “Goods and Services” so that the buyer doesn’t pay the nominal surcharge or whatever. But still, PayPal was born as an offshoot of a bigger company, eBay, not like some enterprising millennial trying to make the world smaller, but failing to realize what happens when your widget gets too big for you to handle.

            Perfect example, look up Patreon, the crowd funding, monthly subscription platform for entertainers.

            paypal owns Venmo

            “President Obama is a personal friend of mine,” said Rickles. “He was over to the house yesterday, but the mop broke.”


            It's early!!!


            Be the kind of person that when your feet hit the floor each morning liberals say "Oh crap he's up"

            Comment


            • #7
              Originally posted by Jersey Shore View Post
              Once RTP (real time payments) and open APIs are fully embraced and implemented by the US, likely fully implemented by 2021 you will see P2P payments.
              Are you just tempting me to open up a rabbit hole about cryptocurrency?

              Comment


              • #8
                Originally posted by defender View Post

                Are you just tempting me to open up a rabbit hole about cryptocurrency?
                Or tulips.
                Plandy Balderschlong is a douchebag who was once escorted out of a petting zoo for engaging in assplay with pygmy goats.

                discuss ......

                Comment


                • #9
                  Originally posted by defender View Post

                  Are you just tempting me to open up a rabbit hole about cryptocurrency?

                  One of the main competition points in banking is how different banks can offer faster payments and a diverse range of digital payments methods. Some banks are even taking blockchain inspiration and using cryptocurrency Ripple instead of the existing Swift payments for overseas banking.
                  COME BY THE SCHOOL a year from now you"ll wish you started today

                  "they all think they’re geniuses who just happen to agree with each other. This creates a near total blindness to facts, data, and opinions that don’t line up with their worldview"


                  (Originally posted by Attorney General Barr)
                  "it also does not exonerate him"
                  ​​​
                  Semper Fortis......De Oppresso Liber

                  Comment


                  • #10
                    Originally posted by METSSC View Post
                    I’m old fashioned, I carry a wad of cash on me all the time. So last week I’m at the big east tournament. We buy the ticket package for the entire tournament but after St Johns gets eliminated we want to unload our tickets for the Saturday final. So there’s some Villanova chick on the beer line looking for tickets. Perfect, but she has no cash to pay only Venmo. What the duck is Venmo? She really wants the tickets so I bring her back to my seats where theres about 10 people in my group to see if anyone has Venmo and voila someone does and we consummate the transaction. So when I get home I decide I need to get one of these virtual wallets as we head toward a cashless society and I start researching Venmo. One Twitter search and there’s 100s of sick people begging for money to be sent to them via Venmo promising nude photos, sex, anything. Just send money to their Venmo account. Rather than get a job these millennials try to make money by begging for it through Venmo. I’m not getting Venmo. I plan to be the last person on earth to use cash.

                    Who knew the downfall of society was gonna be these newfangled voodoo porno money apps, right?

                    All Venmo does is send money from your debit card to someone else's in the event you forget cash or whatever. Totally harmless. Totally convenient. Railing against Venmo simply because there's some cam girls online who accept it for payment is missing the forest for the trees. There's people who offer sex for precious cash, too, ya know?
                    Last edited by defender; 03-22-2019, 01:03 PM. Reason: quoted wrong

                    Comment


                    • #11
                      Originally posted by Jersey Shore View Post


                      One of the main competition points in banking is how different banks can offer faster payments and a diverse range of digital payments methods. Some banks are even taking blockchain inspiration and using cryptocurrency Ripple instead of the existing Swift payments for overseas banking.
                      Ripple is to cryptocurrency as donuts are to diets.

                      Comment


                      • #12
                        Originally posted by Sterling_Archer View Post

                        Or tulips.
                        at least with tulips nobody that ran a tulip exchange died without leaving anyone the password to get access to their tulips.

                        “President Obama is a personal friend of mine,” said Rickles. “He was over to the house yesterday, but the mop broke.”


                        It's early!!!


                        Be the kind of person that when your feet hit the floor each morning liberals say "Oh crap he's up"

                        Comment


                        • #13
                          Originally posted by Sterling_Archer View Post

                          Or tulips.
                          Says absolutely no one who actually understands cryptocurrency. This was a fun comparison in, like 2013, but we now know that the two have essentially nothing in common. If bitcoin and crypto eventually fizzle out, we know for sure that it won't be for the same reasons tulips did.

                          Tulips die. (They can't be use as a store of value.)
                          Tulips can can be grown in infinite quantities. (There's really no scarcity.)
                          Tulips can't be sent across the globe instantaneously. (They can't be used as a medium of exchange.)
                          Tulip mania lasted one year. (I'll let you Google it and see how long bitcoin has been over $1,000 dollars.)
                          Tulip mania had one pop and died. (Crypto has has 4-5 bull runs and zero deaths.)

                          So please. Knowing that tulip mania was once a purely speculative bubble does not mean you actually know that cryptocurrency is also one. Let time be the judge. Besides, railroads and the internet were speculative bubbles, too...until they were the railroad and the internet.

                          Comment


                          • #14
                            Originally posted by METSSC View Post

                            at least with tulips nobody that ran a tulip exchange died without leaving anyone the password to get access to their tulips.
                            Pretty sure the death was a hoax. But really try to remember.... Gerald Cotten is not Bitcoin, the same way Bernie Madoff is not USD. There's thieves and frauds using every currency.

                            Blame the people who were willing to hand oodles of assets over to an unregulated, non-FDIC entity and trusted they'd get it back whenever they wanted it. You wouldn't do it with USD and you shouldn't do it with crypto either. But it's even dumber when you can very easily store all your crypto in a regulated/insured exchange, in your on home, in a security deposit box, buried in your yard, etc.
                            Last edited by defender; 03-22-2019, 01:55 PM.

                            Comment


                            • #15
                              Originally posted by defender View Post

                              Says absolutely no one who actually understands cryptocurrency. This was a fun comparison in, like 2013, but we now know that the two have essentially nothing in common. If bitcoin and crypto eventually fizzle out, we know for sure that it won't be for the same reasons tulips did.

                              Tulips die. (They can't be use as a store of value.)
                              Tulips can can be grown in infinite quantities. (There's really no scarcity.)
                              Tulips can't be sent across the globe instantaneously. (They can't be used as a medium of exchange.)
                              Tulip mania lasted one year. (I'll let you Google it and see how long bitcoin has been over $1,000 dollars.)
                              Tulip mania had one pop and died. (Crypto has has 4-5 bull runs and zero deaths.)

                              So please. Knowing that tulip mania was once a purely speculative bubble does not mean you actually know that cryptocurrency is also one. Let time be the judge. Besides, railroads and the internet were speculative bubbles, too...until they were the railroad and the internet.
                              Chill Def.

                              I get my joy where I can find it.

                              and tulips are lovely.
                              Plandy Balderschlong is a douchebag who was once escorted out of a petting zoo for engaging in assplay with pygmy goats.

                              discuss ......

                              Comment

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