bus_factor

joined 2 years ago
[–] [email protected] 6 points 1 day ago (2 children)

Except for apps like PayPal, Venmo, Zelle and Google Wallet, all of which allow you to transfer money to an email address or phone number, there is no convenient electronic way to transfer money from individual to individual in the US. The only other real alternative is handing over cash or writing a check. You can technically do a wire transfer, but those are really designed for stuff like buying a house or something, and usually either cost money, take days to settle, or usually both.

I can't speak for every other country, but in Norway we've at least for a couple of decades taken for granted the ability to just initiate a transfer of money to someone else's bank account. You just enter the number and amount in your Internet Bank, and it gets transferred free of charge either overnight or instantly. It's how we've done everything my whole adult life.

In the US, the prevalent way to pay rent is still to either write out a physical check or enter the numbers from a check into some web interface which is then somehow able to suck money out of your account. Sometimes a bank will offer to mail the check on your behalf, but it's still very much a check.

[–] [email protected] 9 points 1 day ago (2 children)

Hey now, we were able to standardize the curvature of cucumbers.

[–] [email protected] 7 points 1 day ago (1 children)

Ctrl+Alt+F3 sends you to TTY3, not a terminal. I'm sure you can make TTY3 grey if you really want to, but I doubt that's what you did.

[–] [email protected] 7 points 1 day ago (4 children)

I get the phone based system. People remember their phone number and email address, they do not remember their bank account details. It's a lot easier to initiate the transfer in the moment if it's based on something the recipient can just tell you. QR codes are an acceptable workaround for a small vendor, but not really ideal for paying back the friend who paid for lunch.

Pretty much every country has something like that ready or in the works. Venmo is huge in the US, Vipps (which uses the aforementioned BankAxept in the backend) is emerging as the de-facto standard for small transfers in Norway.

It was a bigger deal in the US than elsewhere due to how hard it is to do bank transfers there, but the rest of the world is also very keen on the concept.

[–] [email protected] 23 points 1 day ago (6 children)

My main takeaway from the comments on this post is that basically all of Europe solved this a long time ago at the domestic level, but that international interoperability is lacking.

[–] [email protected] 28 points 1 day ago (14 children)

Most card transactions in Norway go through a local system called BankAxept, and have for decades. A lot of Norwegians don't even know, because the same cards also support VISA, and they think that's what they're using.

[–] [email protected] 30 points 4 days ago (2 children)

despite his backing from Elon Musk and former President Trump.

If only that was his most current title...

[–] [email protected] 5 points 1 week ago (1 children)

That looks like something for the backend, and not something I'd expect a client to do. If you're not interested in a community you could consider blocking it. There's also some room for experimentation with the various storting methods.

[–] [email protected] 5 points 1 week ago

I think you're forgetting the part where they added random people to the group chat.

[–] [email protected] 4 points 2 weeks ago (1 children)

We all knew you meant divest, but I wasn't going to let that stop me from making a dumb pun :-)

[–] [email protected] 6 points 2 weeks ago (3 children)

Exactly. Digesting his position would be a hard pill to swallow for Musk.

[–] [email protected] 16 points 2 weeks ago

Just because you didn't hear about something doesn't mean it's not happening.

The home of State Accident Insurance Fund Corporation (SAIF) CEO Chip Terhune in Lake Oswego, near Portland, was shot up in the early hours of Feb. 21, the Lake Oswego Police Department said Wednesday.

https://www.fox9.com/news/saif-chip-terhune-insurance-ceo-bullets-oregon

I wouldn't be surprised if there's been other incidents which were kept away from the news.

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