4 ms·
>They had the ability to monitor all of your transactions and if they didn't like you they could roll back or block your transactions. Unlike, what, my establi
by xabotage 7y ago
>They had the ability to monitor all of your transactions and if they didn't like you they could roll back or block your transactions.
Unlike, what, my established credit card company which still blocks me randomly when I'm traveling overseas even when I explicitly call their 800 hotline, sit on hold for 30 minutes, and tell some unempathetic worker "I'm overseas, don't block me"? Yes, thank goodness libra is dying, otherwise there might actually be some innovation against the exact things you just mentioned which perfectly describe the current state of affairs.
(Edit) I think it's fair to not trust Facebook with your currency, but keep in mind the players in the current system (governments, Banks, and credit companies) have hardly proven more trustworthy.
- SkyMarshal 7y ago>Unlike, what, my established credit card company which still blocks me randomly when I'm traveling overseas even when I explicitly call their 800 hotline, sit on hold for 30 minutes, and tell some unempathetic worker "I'm overseas, don't block me"? Yes, thank goodness libra is dying, otherwise there might actually be some innovation against the exact things you just mentioned which perfectly describe the current state of affairs. You should just get a new credit card or bank, whatever you're using is really out of date. Most modern cards and banks have websites or phone apps you can submit a travel notice on. Takes all of 2m and prevents you getting blocked for charges in that country.
- mark_l_watson 7y agoOr, get an American Express card. I got one four years ago and then went to Singapore for a consulting gig. I called them to let them know where I would be and was told to please not bother, that they expect their customers to travel. I was also really please last month to notice that Capital One didn’t charge international transaction fees when I was in Canada.
- theamk 7y agoWait, are you proposing that we go from "call their 800 hotline, sit on hold for 30 minutes," to "your account has been permanently disabled for violating Facebook’s Terms. We will not reactivate it for any reason. This will be our last email regarding your account."[0] ? This does not make sense. Looks like even your credit card is vastly more trustworthy than Facebook! [0] http://www.optimizationtoday.com/what-i-learned-when-facebook-disabled-my-account/ http://www.optimizationtoday.com/what-i-learned-when-faceboo...
- htfu 7y agoI can instantly toggle or schedule my card availability per global region (and on/offline) through an app, with login protected by hw or app-based 2fa. Your problems are already solved, in Europe at least. Thanks to banks and governments, ironically!