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

  • over_clox@lemmy.world
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    2
    ·
    18 days 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
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        18 days 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
            link
            fedilink
            English
            arrow-up
            1
            ·
            18 days 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
              link
              fedilink
              English
              arrow-up
              2
              ·
              18 days 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
                link
                fedilink
                English
                arrow-up
                2
                ·
                edit-2
                18 days 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
                  link
                  fedilink
                  English
                  arrow-up
                  2
                  ·
                  17 days 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.