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In this thread - "You can do X to make it private." In my view, that is not addressing the main issue with Venmo. Socializing financial transactions shouldn't
by fermienrico 8y ago
In this thread - "You can do X to make it private."
In my view, that is not addressing the main issue with Venmo. Socializing financial transactions shouldn't have taken off from back of the napkin stage. It is simply unbelievable on 2 fronts: 1) Such an app exists and is doing fine 2) People simply do not care about their privacy.
I am utterly speechless.
Who in the right mind opens up Venmo to just browse what kind of transactions are being made amongst their friends? What kind of social engagement is this? How did the creators of Venmo pitched this idea to investors? So many questions.
- 45h34jh53k4j 8y agoIts the world we have made. We make a whole generation of people not care for privacy (FB), and then we are surprised when people assume their finances are not private? We are all collectively to blame for such privacy failures. The users/victims are simply that, victims of our troubled privacy-less future.
- trhway 8y ago"hook them while they're young". With FB/Snap/(whatever teenagers are using these days as closing upon 50 i seem to just don't know :) being probably the gateway drugs.
- Zarath 8y agoI use Venmo and immediately set my preferences to private. Admittedly though, I will browse through the public transactions of my friends out of interest in what they are up to.
- iamjaredwalters 8y agoVenmo solved the pain points of easily transferring money between acquaintances regardless of the financial institutions that money may reside in. Having social interaction in their app is a side affect or the purpose, not the purpose itself.