Albbi

joined 2 years ago
[–] Albbi@lemmy.ca 7 points 4 days ago (3 children)

You're complaining about something Interac does that credit cards can't even do? I'll wait while you send money with Visa by text.

[–] Albbi@lemmy.ca 3 points 5 days ago* (last edited 5 days ago)

I wouldn't say the 486SL was a slowed down version, I'd say it was the mobile computing variant. It actually had all the features that the 486DX had, unlike the 486SX which didn't have an FPU (floating point unit).

I was interested in looking this up because I used to have the SX and DX processors but have never heard of the SL before.

[–] Albbi@lemmy.ca 0 points 5 days ago

It's been convenient to use my phone to tap and pay for things. But like, only slightly more than pulling out my debit card. Just got a new minimalistic wallet with a card ejector too so it's kinda fun to use.

[–] Albbi@lemmy.ca 3 points 5 days ago

Credit unions do exist, and they keep money in the community much better than the big banks do.

The main reason to ditch Visa and Mastercard is hopefully if they get hit hard enough they'll lean on Trump to shut up about annexing Canada. Greenland and Panama too.

[–] Albbi@lemmy.ca 2 points 5 days ago (1 children)

So glad I could inspire you! And I didn't take any offense to your comments. I just kinda woke up angry this morning (my other pet peeve is unsynchronized traffic lights) and made this post. I suppose I could put some real work into making an image that can be shared. I like your ideas.

[–] Albbi@lemmy.ca 15 points 5 days ago (10 children)

I would love to hear your side of things. Cash is better for curbing impulse spending and it is of course anonymous but it is inconvenient. I feel like there's a target on my back when I walk around with more than a couple hundred dollars.

[–] Albbi@lemmy.ca 32 points 5 days ago* (last edited 5 days ago) (4 children)

You're right and the network effect would be very hard to overcome for this. It would need a lot of media attention just like liquor and alcohol.

I whipped this up too.

[–] Albbi@lemmy.ca 6 points 5 days ago (1 children)

I call it a tax because the charge is a percentage of the transaction instead of a flat fee. The fact that Interac can charge a flat fee shows that it is possible.

The "tax" is only accepted because consumers can't see it, and then we're offered rewards like the percent cash back. That's our own damn money they're rewarding us with!

[–] Albbi@lemmy.ca 9 points 5 days ago (2 children)

This is definitely one of the biggest hurdles with getting rid of credit cards, the lack of easy credit history.

Going the line of credit route is ok, but there's no grace period before interest is charged, unlike most credit cards. So it's something to be aware of.

[–] Albbi@lemmy.ca 3 points 5 days ago (4 children)

I thought crypto was made to buy weed. /s

[–] Albbi@lemmy.ca 5 points 5 days ago (3 children)

Good question! I suppose the merchant can use either system with your card.

[–] Albbi@lemmy.ca 8 points 5 days ago (1 children)

I don't have much experience with American cards. I know debit cards are more common down there. Do they have the same merchant fees?

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