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0 sats \ 5 replies \ @Bell_curve 28 Oct \ parent \ on: The Fiat Financialization of Everything: Starbucks? A bank. Delta airlines? Bank econ
I still have a small balance on my Starbucks card
Someone gave me a 50 dollar gift card
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30 sats \ 4 replies \ @Solomonsatoshi 28 Oct
I have a near allergic reaction when people give me a gift card. Don't. Give me cash or better sats, not some 2nd rate corporate fiat shitcoin.
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31 sats \ 1 reply \ @nichro 28 Oct
It's always such a moment at office Xmas gift exchanges when people who barely know each other just trade 40$ gift cards around.
The net result: everyone just lost 40$ of cash in exchange for 40$ in spending restricted to one store
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0 sats \ 0 replies \ @Bell_curve 28 Oct
there are also Visa/Amex/etc gift cards that are not restricted to one store or brand
https://www.cnbc.com/2016/12/20/scroogenomics-why-you-should-scrap-the-presents-and-give-cash-at-christmas.html
Yet Joel Waldfogel, U.S. economist, University of Minnesota professor and author of the 2009 book, ‘Scroogenomics: Why you shouldn’t buy presents for the holidays’ has not wavered in his belief that the “orgy of wealth destruction” that takes place each Christmas needs to change.
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0 sats \ 0 replies \ @Bell_curve 28 Oct
it was a Starbucks gift card
I prefer cash too
Gift cards are tradeable
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0 sats \ 0 replies \ @denlillaapan OP 28 Oct
this. 10/10
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