Google Wallet takes over app duties, but it looks like Google is quitting P2P payments.

Google Wallet takes over app duties, but it looks like Google is quitting P2P payments.

  • over_clox@lemmy.worldEnglish
    56·
    6 months ago

    And people wonder why I don’t trust digital currency. It’s all bubbles, they’ll pop eventually.

    • Specal@lemmy.worldEnglish
      2·
      6 months ago

      You can use that same argument against any currency. But you’re mistaking digital currency as being different than physical currency. A $ is a $, digital or physical they are both the same value.

      • over_clox@lemmy.worldEnglish
        22·
        6 months ago

        And you can teach a 5 year old how to count and exchange physical currency, but you gotta read half an encyclopedia of crap to even halfway wrap your mind around cryptocurrency.

        Every article I read about crypto just gets longer and longer and more convoluted. How would I even go about simply purchasing a candybar at the store with cryptocurrency?

        Is there an ELI5 version of a crypto tutorial that might actually explain how to even spend the stuff at the store?

          • over_clox@lemmy.worldEnglish
            11·
            6 months ago

            Guess I forgot exactly what thread I was responding to after I woke up, my bad.

            Still, honestly I don’t get how any of these digital currency exchanges are supposed to work. I couldn’t even get my bank to accept my tax return as a direct deposit, they rejected the transaction and had to send me a paper check.

            At least I know what to do with paper in hand, but digital currency of any form, I’m totally lost.

              • over_clox@lemmy.worldEnglish
                1·
                6 months ago

                I actually installed bank computers thank you very much. Even had C3 level security clearance for a bit to do my job.

                I can’t help it that their software can’t do a simple fucking direct deposit from the IRS, I didn’t write any of their software, I have no idea how it’s supposed to work, and even the bank manager couldn’t understand why the deposit didn’t go through either.

                When I realized even the bank manager couldn’t understand it, was when I said fuck this, closed my bank account, and have stuck to physical cash ever since.

                • Specal@lemmy.worldEnglish
                  2·
                  6 months ago

                  Are you US based? US banking infrastructure is very far behind. I’m 28 and I’ve never used or seen a cheque. Been using banking apps all my life

                  • over_clox@lemmy.worldEnglish
                    2·
                    6 months ago

                    Yes, unfortunately I was born and raised in the chaotic country of the USA.

                    I’m almost 42, so I don’t exactly take offense to occasionally being called a boomer. But hell, you’d figure the bank manager should be able to answer why a deposit transaction didn’t go through.

                    Banking apps weren’t quite a thing yet then though, as smartphones didn’t quite exist yet. Any online banking done then was on a computer through a web browser.

                    Sigh…