Search found 4 matches

by bbhack
Fri Aug 24, 2018 12:07 am
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Anti-Gun Corporate Trends
Replies: 22
Views: 6085

Re: Anti-Gun Corporate Trends

PriestTheRunner wrote: Thu Aug 23, 2018 11:03 pm
bbhack wrote: Thu Aug 23, 2018 10:03 pm
C-dub wrote: Thu Aug 23, 2018 4:30 pm
bbhack wrote: Thu Aug 23, 2018 1:08 pm
peer to peer digital money transactions
I’m unfamiliar with this terminology. I might know what it is, but by another name.
The word "bitcoin" sends some people around here into conniptions, so I did not use it, but also because it's not accurate.

I installed the "Cash" app a couple of weeks ago. Could not get it to work, so I won't talk about that one, but things like that. Ultimately a bank is involved, but payments between entities need not be moderated by a bank, or a virtue signalling justice warrior. When things can be structured such that the risk of malfunction or fraud is guarded against, and still maintain the spirit of peer to peer interaction, banks have lost the ability to be the scold in the middle.
Paypal is a very accurate example of this. P2P (Peer to peer) payments, fully electronic for a small fee.
Uhm, you might want to read this.

https://www.paypal.com/us/smarthelp/article/FAQ585

Sorry to add to the companies you can't do business with. They are almost the definition of scold in the middle.
by bbhack
Thu Aug 23, 2018 10:03 pm
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Anti-Gun Corporate Trends
Replies: 22
Views: 6085

Re: Anti-Gun Corporate Trends

C-dub wrote: Thu Aug 23, 2018 4:30 pm
bbhack wrote: Thu Aug 23, 2018 1:08 pm
peer to peer digital money transactions
I’m unfamiliar with this terminology. I might know what it is, but by another name.
The word "bitcoin" sends some people around here into conniptions, so I did not use it, but also because it's not accurate.

I installed the "Cash" app a couple of weeks ago. Could not get it to work, so I won't talk about that one, but things like that. Ultimately a bank is involved, but payments between entities need not be moderated by a bank, or a virtue signalling justice warrior. When things can be structured such that the risk of malfunction or fraud is guarded against, and still maintain the spirit of peer to peer interaction, banks have lost the ability to be the scold in the middle.
by bbhack
Thu Aug 23, 2018 1:08 pm
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Anti-Gun Corporate Trends
Replies: 22
Views: 6085

Re: Anti-Gun Corporate Trends

PriestTheRunner wrote: Thu Aug 23, 2018 8:19 am
bbhack wrote: Wed Aug 22, 2018 10:50 pm If marijuana dispensaries can learn to live without banks, may gun makers and dealers can also.
But that was a solid cash ...*cough* "Industry" long before it became legal. The market was accustomed to cash-only as well as the buyers.

Firearms, not nearly as much.
Bankers are aware (scared) of peer to peer digital money transactions. So bankers say "hey, lets do something that speeds up this massively disruptive evolution". My pleasure.
by bbhack
Wed Aug 22, 2018 10:50 pm
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Anti-Gun Corporate Trends
Replies: 22
Views: 6085

Re: Anti-Gun Corporate Trends

If marijuana dispensaries can learn to live without banks, may gun makers and dealers can also.

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