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As long as it's US-only (as with almost every cool thing Google does) it's not a threat at all.
by Khao 13y ago
As long as it's US-only (as with almost every cool thing Google does) it's not a threat at all.
- lucb1e 13y ago... it's US-only, again? It won't be long before I just proxy all of my traffic through Amazon s3 or something.
- gingerlime 13y ago... but you'll probably still have trouble setting a US bank account, S3 proxy or not. (I'm in the same little boat outside of the US territorial waters btw)
- gph 13y agoI doubt a proxy will get you in on this. Google isn't that stupid. Financial transactions are seriously monitored by almost every government. You'll probably have to link to a U.S. bank acct or something.
- IvyMike 13y agoGiven the country-specific regulatory red tape that comes with anything involving money, there's more of an excuse than normal to roll this out country-by-country.
- revelation 13y agoGoogle Wallet is how old now, three+ years? They didn't even bother adding any other way to pay than credit cards. Someone needs to tell them that there are countries where people simply don't use credit cards. They exist, but at cost, and the culture just isn't there. If they continue innovating in the payment space at this rate, they will maybe have a solution people here can actually use in 2020.
- lucb1e 13y agoTalking about credit cards, what's the difference between a credit card and just a bank account? At my bank you can get a credit card at an added cost, but it's not needed for anything in the Netherlands so I never looked into it.
- deleted 13y ago[deleted]
- maaku 13y agoCredit cards have nothing to do with bank accounts. Maybe you're thinking of debit cards?
- lucb1e 13y agoUh yes I guess. With a debit card (we just call them bank cards) you withdraw money from the bank account, but from what I've heard a credit card doesn't work entirely the same.
- maaku 13y agoCredit cards are merely debt obligations, and therefore money printing machines. If I have a credit limit of $10k, there isn't actually a $10k account anywhere backing that limit. The bank pays the merchant, yes, but you can follow the trail of that money all the way up to the central bank which created it out of nothing for purpose of fulfilling debt obligations. The money is then destroyed when I pay the bank back at the end of the month. To the consumer they appear basically the same (“they both have the VISA logo right?”), but in understanding the mechanics of what is happening, they could not be more different.
- TomatoTomato 13y agoTell us more how you can proxy through s3
- lucb1e 13y agoOh my bad, I meant EC2. I never used AWS since they require a credit card even for the free things.
- RachelF 13y agoGoogle has been promising non-US/UK only Google wallet since 2008, but never done it.
- lectrick 13y agoWhich is also why "bitcoin not affected" will continue.