2020 Collapse

The real issue is that because so few people are using cash the till floats are rubbish. And then you have some asshole coming in with $100 bills paying for a $4 coffee and demanding specific denominations as change and freaking out the 14 year old behind the counter whilst holding up the rest of the line then getting abused by everyone. I often wonder if some people even live in the real world anymore or are just sitting at the computer outraged 100% of the time.... As @mmm....shiney! said, does anyone actually go there to see this?
 
heartastack said:
The real issue is that because so few people are using cash the till floats are rubbish. And then you have some asshole coming in with $100 bills paying for a $4 coffee and demanding specific denominations as change and freaking out the 14 year old behind the counter whilst holding up the rest of the line then getting abused by everyone. I often wonder if some people even live in the real world anymore or are just sitting at the computer outraged 100% of the time.... As @mmm....shiney! said, does anyone actually go there to see this?
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What I see every Saturday at the Victoria market working at a fruit and vegi stall is how slow it is to pay with card.
If it’s raining or no reception then payment won’t go through.
I can serve 5 people and give them change in the time it’s takes to piss fart around with a single card payment.

I always laugh when I say it’s a $5 minimum or a 30 cent surcharge applies people always just pay it so people are happy to use an intermediary and pay 10% ish premium for it when you already have a perfectly good medium of exchange with cash.

Timmy
 
Timmy88 said:
What I see every Saturday at the Victoria market working at a fruit and vegi stall is how slow it is to pay with card.
If it’s raining or no reception then payment won’t go through.
I can serve 5 people and give them change in the time it’s takes to piss fart around with a single card payment.

I always laugh when I say it’s a $5 minimum or a 30 cent surcharge applies people always just pay it so people are happy to use an intermediary and pay 10% ish premium for it when you already have a perfectly good medium of exchange with cash.

Timmy
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Yes, and hence things change with circumstance. Some people think everything is a conspiracy.
 
Do you also notice this?

I'm looking up flight to my vacation destinations next year and there are VERY few connections, much fewer airlines flying to almost anywhere I'm looking to fly to. Not to mention the prices (+20-50 % higher on average).
This year I had a similar experience (and I did actually fly a few times, but had to make intermediate stops even on routes that once had more direct connections). It seems like there are less flights available overall. And certainly less direct flights.

I was using Momondo.com and eDreams.com. The official airline flights show a bit more flights.

Feels a bit like in the Truman show - but I wasn't even looking for flights to Fiji. :D
I looked up dozens of destinations ranging from Thailand, Indonesia, Maldives to Mexico, Brazil, Colombia...
 
So, Europe has woken up to Nord Stream being shut off completely by the Russians for "maintenance" until the morning of the 3rd of September
(the 20% that was left in the system after the previous 80% reduction)

It will be interesting to see if the Russians restart the gas trickle on the 3rd, or if as some are saying they will leave it off for good, to hasten the demise
of Europe.

This would have to be one of the main news events of the day and yet hardly a mention of it in the Mainstream Media, I guess the plantation owners
don't want to alarm the slaves;)

Also, the French have had their gas cut off completely due to nonpayment of previous supply.

I am getting the feeling that the needle is getting very close to popping the everything bubble.
 
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Airline madness continues:

In the UK and Netherlands (or is that "KHhrolland"?) The pretext is "pollution". They cut flights.

Norway wants to introduce "quotas" to reduce people's ability to fly.

It's here (Orwellian dictatorship, social credit score, limitation of movement...).

I don't care so long as only a few countries go mad and others don't join the madness.


What they should cut down on:
- missiles, tanks, aircraft carriers, nuclear submarines etc. (they pollute a LOT)
- private jets (Leonardo DiCaprio, Travolta know this well)
- the profits of the banks >>> use it to fund more eco-friendly technology
- the luxury yachts
- Las Vegas, Hollywood, Cannes, Monte Carlo, Dubai luxury activities (totally unnecessary)
- the child labor in Africa, Latin America and South Asia
- the production of low lifetime products (think about it: you need to buy a new printer every 2-3 years, a laptop every 3-5 years, a new phone every 2-4 years... all this consumerism pollutes a lot more)
- the production of potato chips (all that burnt oil pollutes a lot), so encourage the consumption of meat instead :D
- overfishing
 
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sammysilver said:
Cashless is not a problem, the lack of choice is.
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They succeeded in drastically lowering the amount of transactions exchanged in cash by tying it to being dirty and spreading "disease" with the COVID hype...a statement later dismissed by WHO. Personally I like carrying around cash and keeping an amount as an "Emergency" fund like metals if we hold it we own it and can use it with no restrictions...all on hookers and cocaine obviously ;)
 
Real $ said:
They succeeded in drastically lowering the amount of transactions exchanged in cash by tying it to being dirty and spreading "disease" with the COVID hype...a statement later dismissed by WHO. Personally I like carrying around cash and keeping an amount as an "Emergency" fund like metals if we hold it we own it and can use it with no restrictions...all on hookers and cocaine obviously ;)
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The banks (most) still do not do over the counter cash exchange for the same nefarious reasons. However some banks are happy to order the said money to be exchanged with an approximate time delay. For Bendigo Bank, it is 2 weeks delay.
 
I wd almost 20k and had no problem, they never even asked for my identification when i got there.
I called them prior and asked if there would be any problem with the withdrawl and they said no and it was easy.
That was at a bank and trust.
 
mmm....shiney! said:
The business owner's right to offer a variety of payment methods overrides any wishes of consumers.

Smart business owners though take the wishes of consumers into consideration.
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Do many person-to-person businesses accept crypto-currency now? Usually when banks, businesses or atms go offline it's generally their own systems/websites that crash so if the internet is still running would crypto be a viable payment alternative?

Disclosure: I don't own/use any which is why I'm asking.
 
Eureka Moments said:
Do many person-to-person businesses accept crypto-currency now?
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None around here that I'm aware of, there was one in the past 12 months or so I saw advertised but I wasn't a customer and I can't even remember what sort of outlet it was. Maybe in bigger regional centres/cities there are merchants accepting crypto. @dozerz any in your neck of the woods?

Eureka Moments said:
Usually when banks, businesses or atms go offline it's generally their own systems/websites that crash so if the internet is still running would crypto be a viable payment alternative?
Click to expand...

By viable do you mean possible? If so then yes but compared to other payment methods it's less attractive from a volatility perspective.
 
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