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111 sats \ 7 replies \ @SimpleStacker 20 Oct \ on: Trump is Coming for your Credit Card Rewards. That’s good. (Vox, Eric Levitz) Politics_And_Law econ

I dunno man. I think people are willing to pay the swipe fees out of convenience. I bet even if stores advertised the credit card swipe fees, most people will still do it.

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48 sats \ 6 replies \ @denlillaapan OP 20 Oct

would be a nice test.

Also: Grok tells me it's legal in all 50 states to offer discounts for debit/cash payment. I can't recall having ever seen that... so, we blame the merchants for not competing more aggressively here?

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105 sats \ 5 replies \ @SimpleStacker 20 Oct

TBH I think merchants are also happy for the convenience. I'm in charge of payments for my church and we gladly accept ~2-3% credit card fees for the convenience of not having to handle a bunch of cash/checks. Handling cash and checks add up to a lot of cost in terms of time and effort, especially in terms of tracking payments and bookkeeping.

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75 sats \ 1 reply \ @gmd 20 Oct

yup, cash especially you have to deal with armored transport, robberies, etc.

I'm assuming the only reason some prefer taxes is to transact under the table and avoid taxes.

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9 sats \ 0 replies \ @Bell_curve 21 Oct

We need to add Wulf to our database

Your database

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9 sats \ 2 replies \ @denlillaapan OP 20 Oct

I guess that's one way of thinking about it

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81 sats \ 1 reply \ @SimpleStacker 20 Oct

I'd love it if we could use Lightning Payments instead but normies ain't ready for that

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9 sats \ 0 replies \ @denlillaapan OP 20 Oct

a kiiiid can dream

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