3 ms·
Its interesting the total difference in how people deal with commerce going from the 70's to today. I remember the get check, deposit check, write checks and m
by protomyth 8y ago
Its interesting the total difference in how people deal with commerce going from the 70's to today. I remember the get check, deposit check, write checks and maybe go get money from the bank cycle. Heck, even if you had a credit card quite a lot of places wouldn't take it (not to mention the carbon paper).
People trust technology will always work. Its not a bad bet where banks are concerned, but I too worry about the chaos of even a couple of hours down time. I wonder if there will be a push back. There probably would have been except the unbanked can get pre-paid cards and pretty much do everything at Walmart or through PayPal and its competitors.