Discover and read the best of Twitter Threads about #cashless

Most recents (10)

Daily Bookmarks to GAVNet 11/26/2020 greeneracresvaluenetwork.wordpress.com/2020/11/26/dai…
Vergil Den - Blog - The Cashless Society and Its Enemies

vergilden.com/essays/2020/7/…

#society #cashless
Apoorva Mandavilli on Twitter: Are Small Social Gatherings Driving the Surge in COVID-19 Infections? Data Suggest Not.

threadreaderapp.com/convos/1330950…

#infection #transmission #COVID19
Read 8 tweets
I have been asked how this would work. I welcome you to join me on a journey how #cashless #casino's could operate in 2020. I'll explain it based on the example of "Awesome Casino Vegas" or "ACV" which I made up for this example.

This is the exciting future in a thread... (1/x)
ACV is a #casino in #vegas and needs to go cashless. They choose to issue a stable #token on the #CSCL. $1= 1ACVT. They have their own branded #whitelabel version of the #casinocoin #BrankrollManager. Their customers can purchase #tokens at a cash cage... (2/x)
...or via #debit/#credit (and #crypto 😉) via the wallet. Customers get #KYC'ed on the fly when onboarding during the wallet setup. All transactions can be pinned down to an individual. They know exactly who is who and who did what and when. (3/x)
Read 9 tweets
@avv_migliavacca 🔻“Per i più curiosi: nel 2016 il mitico #Rogoff (quello che truccò i dati su Excel per dimostrare che il debito frena la crescita: linkiesta.it/it/article/201…) ha scritto “La maledizione del #contante”, dove propone l’abolizione del contante con due argomenti...(segue)
@avv_migliavacca ...” 1) #corruzione, #evasione, bla bla bla...
2) in un periodo di #tassi bassi o zero, per rendere efficace la #politicamonetaria (cioè per far sì che un abbassamento dei tassi induca la gente a spendere), occorre poter applicare tassi negativi..” (segue)
@avv_migliavacca “...non solo alla #liquidità delle #banche (quando viene depositata in banca centrale) ma anche a quella della famiglie, e ovviamente non puoi farlo se questa liquidità è cash..,“ (segue)
Read 21 tweets
Thread (1/4)
Y’ello RwOT, it’s been a minute!😊

Over the last few days we have been in discussions with @RwandaICT, @CentralBankRw & @RURA_RWANDA on how best @MTNRwanda can help support the Government’s efforts to #StopTheSpread of the #Coronavirus.
(2/4)
@MTNRwanda is happy to announce, effective 19th March 2020, all #MTNMoMo transactions related to sending money to others, transferring money between your mobile wallet and bank account, as well as when you pay for any goods or services using #MoMoPay will be FREE!
(3/4)
We will also during this time support all sellers to onboard onto #MoMoPay, so they can start accepting #MTNMoMo as a payment option. Whenever you walk into a shop - pls start by asking if you can pay via #MTNMoMo, this is FREE to the seller and FREE to you as a customer.
Read 4 tweets
E come se lo avessi già sentito ieri, arriva oggi una poco rassicurante intervista... 😑⚡️⚡️

“DA QUESTO STATO DI ECCEZIONE NON SI TORNA INDIETRO(?)” 🚨Prof. #UgoMattei su #Byoblu 🗣🗣🗣
Read 9 tweets
@DePh3nix L'#INCUBO #NOCASH E IL #TEOREMA DI #PANGLOSS : DELLE TANTE PESSIME IDEE ESCOGITATE DALLA CIVILTÀ OCCIDENTALE PER AUTODISTRUGGERSI, L'ABOLIZIONE DEL DENARO CONTANTE È FORSE LA PIÙ FOLLE E PERICOLOSA.

by @EuroMasochismo

ilpedante.org/post/l-incubo-…
@DePh3nix @EuroMasochismo ... καὶ ἵνα μή τις δύνηται ἀγοράσαι ἢ πωλῆσαι εἰ μὴ ὁ ἔχων τὸ χάραγμα, τὸ ὄνομα τοῦ θηρίου ἢ τὸν ἀριθμὸν τοῦ ὀνόματος αὐτοῦ. (Apocalisse 13,17)
@DePh3nix @EuroMasochismo "Delle tante pessime idee escogitate dalla civiltà occidentale per autodistruggersi, l'abolizione del denaro contante è forse la più folle e pericolosa.”
Read 55 tweets
If you ought to read just one article on the perils of a #cashless society, read this one: "CASH IN THE ERA OF THE DIGITAL PAYMENTS PANOPTICON" by @Suitpossum networkcultures.org/wp-content/upl… 1/4
"Cash is the money form of the underdog, of the excluded. If you are a new member of respectable elite society, and you are forced to use it, you feel like you are missing out on a more advanced form". 2/4
"It's like being forced to ride a bicycle when other members of your class all have cars. When, however, you get used to having a car, you may begin to see the bicycle in a new light. Indeed, without bicycles the car might appear increasingly oppressive". 3/4
Read 4 tweets
On the eve of the #2ndAnniversary of the #DeMonetisation that we know was a #DemonetisationDisaster I present a Tweet thread on my analysis of just one of the many claims made for it - that it would boost #cashless #digital transactions. It did not do that. Here's my evidence:
The analysis and paper (Draft 1) is here:
on issuu: issuu.com/home/published…
and
on Scribd: scribd.com/document/39252…
But here in this thread I present the main results. Previous analysts used a simplistic approach of doing a before-after comparison. But this is a spurious method
It leads to the Post hoc ergo propter hoc fallacy. See rationalwiki.org/wiki/Post_hoc,…
My analytical approach was simple. I used the figures from RBI and took the monthly data upto Oct 2016 on each idicator and treated it as a regular time series data. (see robjhyndman.com/hyndsight/fpp/)
Read 18 tweets
This week, for #GlobalEChats I want to create a #thread to help any roadside, gerai, rickshaw stall owner on how they can embrace #tech in #IR40!

Tak semestinya kalau kita jual pisang goreng, kita tak boleh #techsavvy dalam era arus kemodenan internet kan?

Ini adalah thread!
Macam mana nak luaskan pasaran pelanggan kita? Kalau pelanggan tak datang ke gerai kita, kita gerak ke mana ada ramai pelanggan! Make yourself #mobile, use #foodtrucks.

Nak tahu macam mana nak start foodtruck? Dengar abang @Humblechef berkongsi cerita:
efm.live/episodes/ep17-…
Tapi kita kena consistent, lokasi kena ada separa-tetap (#semipermanent). Waktu jualan kena konsisten. Steadyyyyy. Ada juga perniagaan separa-#mobile seperti YooHoo Hot Dogs oleh @tonyeusoff.

Nak tahu jalan cerita #yoohooshack? Dengarkan kat sini:

efm.live/episodes/ep19-…
Read 12 tweets
Good evening, #entrepreneurs! Let us discuss this week's #GEMChats on #startups and #disruptors to the #tourism industry.

Feel free to #RT, reply and engage with us as we go on with this thread.
The answers to the #poll indicates that most of you feel the biggest gamechanger to the #tourism industry in this #Industry40 is the rise of low cost airlines followed closely by travel accommodations #startups like @Airbnb and @agoda.

Well, you aren't wrong there!
Low cost airlines #democratise travel for everyone. As @tonyfernandes puts it in @AirAsia's tagline: "Now Everyone Can Fly".

Flying had been considered a luxury accessible only to the middle class and well-heeled (sic) - Jack Yu writes at linkedin.com/pulse/now-ever…
Read 11 tweets

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