704200+ entries in 0.376s
fluffypony: because
the banks charge a fixed monthly "rental" for
the machine
fluffypony: yeah lots of small places here
that only accept cash
jurov: also, i don't see merchants giving up 3% of
their margin voluntarily by avoiding cash
jurov: and leaves jsut something
to pay
the bills
jurov: oh
that. but banks are so greedy with various fees
that everyone just pulls
their salary out of atm at first instance
bounce: europe. where
the government also requires pay
to be made by bank
transfer and so requires everyone in
the workforce
to have a bank account
jurov: as long as merchants like
to acept cash,
that won§t happen
bounce: then again, in chip&pin countries
there's a big and continous push
to use your bank card (or cc if you must),
to
the point of
there being multiple chains
that don't accept cash at all any longer
jurov: they'll have
to make merchants dislike cash
bounce: they haven't forgotten, no. maybe
the starry-eyed do-gooders at
the front, but not
the backers, no.
fluffypony: well jurov's got a point -
they keep doing big pushes here in Africa
to "bank
the unbanked", but
they forget
that often
the unbanked want
to stay
that way
to avoid paying
tax
jurov: did not happen yet, don't see what would rfid change on
that?
jurov: it's maybe 10 years already
that banks want everyone
to switch
to credit/debit cards
jurov: like recent rfid failures for mass
transport across eu
jurov: by
that point also
they will be forced
to secure it
bounce considers
the bandwagon
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benkay: but its
the women who drive
the shopping economy
mircea_popescu: asciilifeform> other
thing, folks will answer 'i've an electromagnetically-shielded wallet! haha' - but see who laughs last. eventually, you won't even be able
to walk into a shop unless
the door can read your CC <<
this is a good
thing, becayse i don't like
this entire in person shopping
thing anywayu
jurov: davout basically
that pencilnecks will be replaced by progressively
thicker necks
benkay: thestringpuller:
the girl put
together a boquet for which i
took credit. i am also going over
this morning
to
take credit for
the meal my sister is making.
jurov: i
think he's a subversion of mircea's
thickening necks
theory
davout: kakobrekla: he's like a zombie
that you can't kill because
there's no brain
to shoot
davout: the dotcoin dude: "You will never win!
The smart guys know what happen and your problems can only be regulated by a psychiatrist!"
davout: asciilifeform: i'm not a camel, my bulge is on
the other side
bounce: so ditch
that feature and banks will move
to actual as opposed
to make-believe card security?
fluffypony: asciilifeform: interesting - got a read for it or is it easy
to find on Google?
fluffypony: davout: I love how you got accused of being related
to Karpeles
fluffypony: I move for pankkake
to be nominated as CTO of Bitcoin
bounce: there's no registry. quick, someoen petition
the ceo of bitcoin.
mircea_popescu: at
this rate bitcoin may regulate
the us govt out of existence.
mircea_popescu: what's more interesting, of course, is
the
total lack of registered us govt lobbists in bitcoin.
mircea_popescu: "On April 21, 2014 bitcoin got its first lobbyists, however a competitor hired
them. DC lobbying firm, Peck Madigan Jones, registered not one, but five of
their employees
to lobby Congress on “bitcoin” and “virtual currencies.”
The client
they are registered for is MasterCard, a
transaction competitor
to bitcoin"
InGoldWeTrust: I
thought
this was a chat room for bitcoin, must be
the wrong place
InGoldWeTrust: what is
this place, people give me permission
to
talk?
mircea_popescu: there wasn'ty going
to be stone left upon stone sort of
thing
mircea_popescu: i suppose
this is an angle most of
the "us will ban bitcoin"
theoreticians fail
to understand. bitcoin fucking saved
the us, because
the way
things were going....
mircea_popescu: bounce fortunately bitcoin showed up and so we don't have
to join forces with
the arab
terrorism
to rid
the world of
that nonsense.
BigBitz: Lichenstein is
the place
to go :>
bounce: effects are noticable world-wide,
though.
the swiss banking secrecy is just about gone apparently
too.
davout: yea,
there a fuckton of french people
that have swiss bank accounts, all
the folks working cross-border, plus a bunch of wealthy ones
BigBitz: I
thought, at a min, residency as bounce said, but I actually
thought
they had some Citizenship nonsense as well.
BigBitz: I
thought Swizterland was quite weird on
their account requirement.
mircea_popescu: anyway,
the budget version is, "just move
to mongolia"
davout: "Nobody can have a .ch bank account unless
they are a .ch citizen AFAIK" <<< nah you don't need
to, you don't need a corp either, you just need
to convince a banker
bounce: and a couple
thousand in fees and
things
bounce: oh, 20k or 100k CHF,
to be deposited in a swiss bank account.
BigBitz: yeah pretty sure
there is a capital requirement as well.