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This is at the core of Superman III. Richard Priors' character notices his paycheck gets rounded down, he writes an app to harvest up the rounded down tenths of
by dougSF70 4y ago
This is at the core of Superman III. Richard Priors' character notices his paycheck gets rounded down, he writes an app to harvest up the rounded down tenths of pennies...
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- dougSF70 4y agoI have often thought this is the business model of most payment apps.
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- twosdayz 4y agoIsn't this also the premise of the Office Space scheme?
- astura 4y ago... which explicitly references Superman III as the source.
- ElfinTrousers 4y agoWhich is one reason I suspect it might not be true: not because Block is necessarily honest, but because everyone and their dog has heard of this scam and it's the first thing people would think of.
- dougSF70 4y agoThe twitter thread they published appears to contain supporting evidence. Or perhaps there was enough smoke to justify the short position which they covered at market open for a nice return.
- noduerme 4y agoCompany I write software for had a small subset of customers begin complaining about fractional cents when New Jersey implemented a sales tax of 6.625%. To be fair, company gains and loses on the half cents this caused were in equal measure. But I was commissioned to turn literally everything from UI to database to receipts and invoices and annual reports into thousandths instead of hundreds. This is a fuckin dog boarding company I work for, not a bank. Because no, you can't screw your customers a half penny at a time... it's on you to fix the accounting and make it right.