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by RogueUSMC
Fri Aug 24, 2018 4:47 pm
Forum: Gun and/or Self-Defense Related Political Issues
Topic: Anti-Gun Corporate Trends
Replies: 22
Views: 6084

Re: Anti-Gun Corporate Trends

bbhack wrote: Fri Aug 24, 2018 12:07 am
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.
Not necessary to say anything about any item changing hands, person to person carries no fees. If both parties have paypal accounts connected to a bank account, just send money one way or the other...

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