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SVTPerformance's Chain of Restaurants
Road Side Pub
Cashless society
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<blockquote data-quote="Kevins89notch" data-source="post: 16454426" data-attributes="member: 31255"><p>I forget which country, but I know it was in Africa. They (meaning at least some people) use cell phone minutes. Everyone has at least a flip phone. Minutes are a set thing, say 10 minutes for $4. You want to buy a goat off your neighbor, but don't want to take a bus into town to use the ATM? The goat costs $20...you just send your neighbor 50 minutes, which you can do via texting. Done deal, no fees, safe transaction, everyone is happy.</p><p></p><p></p><p></p><p></p><p>For the masses, I'll agree, but I've never once thought like that. I don't understand how someone can even think like that. $50 is $50 is $50. It doesn't matter if it's a check, an actual $50 bill or a credit card swipe. It's $50.</p><p></p><p>But clearly I understand my thinking is a minority when you look at Americans and credit car debt. 15+ years here and I've never paid any.</p></blockquote><p></p>
[QUOTE="Kevins89notch, post: 16454426, member: 31255"] I forget which country, but I know it was in Africa. They (meaning at least some people) use cell phone minutes. Everyone has at least a flip phone. Minutes are a set thing, say 10 minutes for $4. You want to buy a goat off your neighbor, but don't want to take a bus into town to use the ATM? The goat costs $20...you just send your neighbor 50 minutes, which you can do via texting. Done deal, no fees, safe transaction, everyone is happy. For the masses, I'll agree, but I've never once thought like that. I don't understand how someone can even think like that. $50 is $50 is $50. It doesn't matter if it's a check, an actual $50 bill or a credit card swipe. It's $50. But clearly I understand my thinking is a minority when you look at Americans and credit car debt. 15+ years here and I've never paid any. [/QUOTE]
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SVTPerformance's Chain of Restaurants
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