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Comment Raises hand (Score 1) 78

Robinhood Markets is betting its Gen Z and millennial clientele are as eager to send out for delivery of a wad of cash ...

Um... Aren't the younger generations more prone to using electronic payments *rather* than cash?

Gen Z and the Future of Payments: Cards, Cash, and the Shift to Digital

See how Gen Z is transforming payments with a strong preference for digital wallets, contactless cards, and mobile payments over cash.

2024 Diary of Consumer Payment Choice (article has nice graph of payment types 2016-2023)

The findings also show a growing generational divide among those using cash versus electronic payments. Consumers younger than age 55 used cash for just 12% of payments in 2023, compared to 22% for those age 55 and older. Notably, for the first time in Diary history, cash was not the most-used instrument for smaller-value payments of $25 or less.

Google: younger generations cash vs electronic payment

Comment Re: Make them occasionally? (Score 1) 169

We Canadians eliminated the penny in 2013. But, like most other Canadians, I have a box of the damn things in the corner of my bedroom. Yeah, we don't stamp out new ones, but we still have lots of them kicking around.

Several articles have noted that pennies will remain exchangeable for the foreseeable future and legal currency forever. So people in the U.S. should be able to use them up / get rid of them (through payments) eventually.

Comment Re: Make them occasionally? (Score 2) 169

One reason I can think of is that different states and municipalities impose different rates of sales tax at the register. Multiplying a retail price by 8.75% may not always produce an even, round number.

The Treasury and trade/retail groups are looking at guidelines and/or legislation for a national standard on transaction rounding. The latter to protect themselves from potential state lawsuits from rounding short-changes (last paragraph below).

US Mint to strike last penny as Trump’s phaseout rattles retailers

The Treasury Department is considering issuing guidance to help businesses navigate the transition, including how to round cash transactions and handle payments without one-cent coins, according to people familiar with the plans.

But trade groups representing retailers, grocers, restaurants and gas stations are urging Congress to pass legislation establishing a national standard for rounding cash transactions to the nearest nickel.

Without such a policy, businesses are worried about potential class-action lawsuits under state consumer protection laws that could argue rounding shortchanges customers. Industry groups say a federal standard would create consistency and protect businesses from legal risk.

Comment Re:Almost 100% is not equal to 100% (Score 2) 112

... but I also don't have Real ID so I can't even fly domestically.

Just to nit-pick... (a) Ryanair doesn't have any flights in the U.S. (according to Google) and (b) there are procedures available to fly within the U.S. w/o a Real ID, and other forms of ID are also acceptable (also listed on page below), like a valid passport or DOD ID.

Acceptable Identification at the TSA Checkpoint

Don’t Have Your Acceptable ID?
The TSA officer may ask you to complete an identity verification process which includes collecting information such as your name and current address to confirm your identity. If your identity is confirmed, you will be allowed to enter the screening checkpoint, where you may be subject to additional screening.

Comment Unprofessional (Score 1) 46

Sonder, ... abruptly went out of business ... leaving guests scrambling as they were told to vacate their rooms immediately.

Sonder on Monday said it would wind down operations immediately ...

Immediately kicking people out of their in-progress reservations doesn't seem like winding down. No mentions of compensation for any inconvenience Sonder imposed on their now-former guests either.

Comment Re:Are people this ignorant of basic online securi (Score 2) 79

Never click on links from any email you receive unless you just initiated the link being sent to you.

Certainly don't ever, "copy a string of text, open a terminal window, paste it in, and press Enter".
Seriously, why would any legitimate site ask you to do that. [*smacks forehead*]

Comment Re:With Science (Score 1) 95

Science? Really? There's a lot of soft-brained, unscientific and technophilic pseudo-religion in the article.

Let's work with the argument's load-bearing phrase, "exploration is an intrinsic part of the human spirit."

There are so many things to criticise in that single statement of bias. Suffice it to say there's a good case to be made that "provincial domesticity and tribalism are prevalent inherited traits in humans", without emotional appeals to a "spirit" not in evidence.

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