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

  • Specal@lemmy.world
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    5 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.world
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      5 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.world
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          5 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.world
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              5 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.world
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                5 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.world
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                  5 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…

                  • Specal@lemmy.world
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                    5 months ago

                    Yeah it’s not your fault at all, it was harsh for the other commenter to call you a boomer but I won’t like I did chuckle. The US is slowly catching up, the bank I use mainly Monzo is now operating there, not with as many features but I highly recommend if you do want to try a more modern bank.