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One can spend a while nerding out about settlement risk, failed trades, and what clearinghouses actually do to appreciate that there is probably a nonzero role for a CBDC, but the benefits would be marginal (because clearing/netting fees today are marginal) and one would pay about as much attention to it as one does to Euronext or LCH
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Feb 7, 2023 13:19
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I remember when contactless first became a thing using card kinda felt like you weren't spending money really but oddly now using cash makes me feel the same. I buy something with paper I have in my pocket and nothing comes out of my bank account. It's basically free!
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Feb 7, 2023 13:23
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The only good thing about cash money for me is that I hate having it on my person so much I end up chucking anything less than a pound in charity tubs (if I come across a not poo poo charity).
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Feb 7, 2023 13:28
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ANYTHING YOU SOW posted:It is impressive how innovative the Girobank and how it forced the private banks to improve to compete.
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Feb 7, 2023 13:31
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As a market trader, even in the three years I’ve been fudge peddling it’s been interesting to see the shift in payments- in 2020 I took probably 75% cash, but nowadays it’s generally about 66% card. There is still a great deal of satisfaction in slapping down a pile of notes more than an inch thick to make a deposit at my local post office though, ngl. Feels more ‘real’ somehow. (Last weekend was a /very/ good one. Also got ‘stairs’ed’ in the wild for the first time in forever!)
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Feb 7, 2023 13:37
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Yeah feels like COVID was really the death knell for cash transactions anywhere that already had decent-ish infrastructure for accepting contactless payments
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Feb 7, 2023 13:40
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Other than yesterday’s shopping I’m pretty sure I’ve only used cash to pay for tattoos over probably the last 5-6 years. There’s a cash point round the corner from the studio where I had my last few big pieces done and pretty much every other appointment the bank would block my card because of ‘unusual activity’ when I tried to take money out.
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Feb 7, 2023 13:41
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I pretty much only use cash now to allow tradesmen to commit tax fraud (and obviously receive a discount in the process)
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Feb 7, 2023 13:42
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Camrath posted:As a market trader, even in the three years I’ve been fudge peddling it’s been interesting to see the shift in payments- in 2020 I took probably 75% cash, but nowadays it’s generally about 66% card. ‘stairs’ed’ - explain like I'm 5 - never heard that expression before! I use cash only on the last 2 working days of the month because otherwise tardiness on retailers taking debit card payments from my bank accounts upsets the opening balances of my accounts on my spreadsheet. (I start every single month with the exact same amount and have just one 'messy' account with a messy amount of money in it).
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Feb 7, 2023 13:45
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^^^ There used to be a super secret way of identifying another goon in public which was asking if they have stairs in their house, and the correct response was "I am protected." Based on an old lowtax icq prank. Anyway, Rafael Behr asking the real questions before Corbyn can hit him with the heart attack gun again. https://twitter.com/rafaelbehr/status/1622619609986654209?t=VnYwmlVZiRnKPQtsxh_gFQ&s=19 Bobby Deluxe fucked around with this message at 14:14 on Feb 7, 2023 |
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Feb 7, 2023 13:46
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Jaeluni Asjil posted:‘stairs’ed’ - explain like I'm 5 - never heard that expression before! https://forums.somethingawful.com/dictionary.php?act=3&topicid=517
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Feb 7, 2023 13:47
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Jaeluni Asjil posted:‘stairs’ed’ - explain like I'm 5 - never heard that expression before! Old skool goon shibboleth/identifier from one of Lowtax’s ICQ(?) pranks. ‘Do you have stairs in your house?’ ‘No, I’m protected.’ Often shortened to ‘Stairs?’ ‘Protected’.
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Feb 7, 2023 13:47
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Ta. I never knew that dictionary existed  So it's kinda like shaking hands with a bent thumb or whatever.
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Feb 7, 2023 13:48
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Jaeluni Asjil posted:Ta. I never knew that dictionary existed Exactly, but with slightly less implied noncery.
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Feb 7, 2023 13:49
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https://twitter.com/PippaCrerar/status/1622916027506954240
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Feb 7, 2023 13:57
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History Comes Inside! posted:Other than yesterday’s shopping I’m pretty sure I’ve only used cash to pay for tattoos over probably the last 5-6 years. I almost exclusively use cash because I am loving terrible with money & if I went fully digital I would run out of money in about 8 minutes. For whatever reason I find it much easier to keep track of by having to go to a cash machine, put in £x & then exchanging that.
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Feb 7, 2023 14:01
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It's funny how having a ministerial position named after a specific thing (net zero, levelling up, etc) pretty much guarantees that thing is not happening.
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Feb 7, 2023 14:03
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Today the unelected leader of the junta, weighed down with criminality and corruption and desperate to invigorate his failed government and shore up his plummeting popularity, reshuffled the deckchairs.
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Feb 7, 2023 14:04
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The only physical cash I've ever used since the before times has been to tip food delivery people or give to buskers/homeless. I rarely see either, so can have the same fiver in my wallet for months at a time. In other news: https://twitter.com/BorisJohnson/status/1622941374810148871
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Feb 7, 2023 14:05
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I don't think I've used cash in literal years now, contactless is way too easy especially just using my phone.
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Feb 7, 2023 14:06
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Bobby Deluxe posted:https://twitter.com/rafaelbehr/status/1622619609986654209?t=VnYwmlVZiRnKPQtsxh_gFQ&s=19 Does he know the question itself is flawed? He's a grauniad columnist, yes? So maybe he doesn't.
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Feb 7, 2023 14:09
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Only Kindness posted:Does he know the question itself is flawed? He's a grauniad columnist, yes? So maybe he doesn't. He blamed Jeremy Corbyn for him having a character, so no, he's exceptionally stupid
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Feb 7, 2023 14:15
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Only Kindness posted:Does he know the question itself is flawed? He's a grauniad columnist, yes? So maybe he doesn't.
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Feb 7, 2023 14:17
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I am regularly impressed how you all remember these random journalists (columnists?) by name and what they have said in the past. I never know who any of these people are, and I used to actually read the Guardian on a regular basis.
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Feb 7, 2023 14:18
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Behr is a special case because of the time he blamed Corbyn for his heart attack. Got himself so worked up over not having the working classes to feel superior to that he almost died, and instead of backing off or self reflecting he wrote a column about how Jeremy Crombles hit him with the CIA heart attack gun.
Bobby Deluxe fucked around with this message at 14:23 on Feb 7, 2023 |
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Feb 7, 2023 14:19
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Mega Comrade posted:I am regularly impressed how you all remember these random journalists (columnists?) by name and what they have said in the past. It's fine, I can't remember anything important, just useless garbage like why I hate each Guardian opinion writer 
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Feb 7, 2023 14:24
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Bobby Deluxe posted:^^^ There used to be a super secret way of identifying another goon in public which was asking if they have stairs in their house, and the correct response was "I am protected." Some Rich men did it and ran away
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Feb 7, 2023 14:34
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forkboy84 posted:It's fine, I can't remember anything important, just useless garbage like why I hate each Guardian opinion writer You should change it to just remembering the ones you like, be far easier.
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Feb 7, 2023 14:37
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Bobby Deluxe posted:https://twitter.com/rafaelbehr/status/1622619609986654209?t=VnYwmlVZiRnKPQtsxh_gFQ&s=19 @karlmarx
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Feb 7, 2023 14:41
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I did a food shop earlier and they're now selling a huge loving 1kg sack of mini eggs; leaving it on the shelf to prevent myself horfing the lot in a single afternoon took an incredible amount of willpower and to be honest I'd like people to tell me how responsible and adult I am because I kind of regret it.
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Feb 7, 2023 14:49
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Christ
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Feb 7, 2023 14:51
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^^^ evil roy walker I have started limiting myself to the bags of mini creme eggs, because I am a disgusting animal with no self control when it comes to the big eggs, and I absolutely will bankrupt myself buying a 6 pack every day.
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Feb 7, 2023 14:53
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Bobby Deluxe posted:I have started limiting myself to the bags of mini creme eggs, because I am a disgusting animal with no self control when it comes to the big eggs, and I absolutely will bankrupt myself buying a 6 pack every day. I have a real problem with them and won't be buying any this year. My parents used to get me and my brother 100 creme eggs each at easter. Last year when I was dieting over the summer I found myself budgeting my calories so I could eat at least 3 a day and stay in a deficit. I considered whether I should try and put myself off them by having a day in which I'd only take in calories from creme eggs and I figured I could probably east about 15 or so. I didn't go ahead with the plan because I knew it would not put me off them.
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Feb 7, 2023 14:57
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Sir Sidney Poitier posted:I have a real problem with them and won't be buying any this year. My dad was a total chocolate addict and he read that people who went to work for Cadburys were allowed to scarf as much chocolate as they wanted when they started because after a week they'd never want to taste the stuff again. Anyway, he tried that (not working at Cadburys but shovelling multiple bars of chocolate into his face) but it never put him off. I have also tried this with various substances such as butterscotch icecream, it didn't work for me either.
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Feb 7, 2023 15:03
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AI image prompt: two punchable faces
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Feb 7, 2023 15:04
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Failed Imagineer posted:I pretty much only use cash now to allow tradesmen to commit tax fraud (and obviously receive a discount in the process) I do that too, I don't feel bad about it since the government keeps giving the richest ways to tax plan and moving the tax burden downwards and are basically trying to fight tax flight by soley going after regular people instead of big corps, so screw 'em.
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Feb 7, 2023 15:04
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Sir Sidney Poitier posted:I have a real problem with them and won't be buying any this year. I learnt an important lesson about talking poo poo that day as chocolatey drool ran down my chin.
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Feb 7, 2023 15:06
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TACD posted:One time when I was a teenager at a friend's house somebody brought up a person they'd seen on TV who could fit three creme eggs in their mouth at once. I blurted out "that doesn't seem so hard", after which my friend's father immediately fetched three creme eggs, handed them to me and said "off you go then". You learned another valuable lesson: you need to train until you can fit three creme eggs in your mouth at once.
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Feb 7, 2023 15:18
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Mega Comrade posted:You should change it to just remembering the ones you like, be far easier. Rest in Power Dawn Foster
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Feb 7, 2023 15:20
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Tesseraction posted:AI image prompt: two punchable faces It has got that AI slightly wrong proportions and facial expressions.
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Feb 7, 2023 15:30
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