BombOmOm

Which digital payment doesn’t have transaction fees?

Credit cards (vendor side), debit cards (vendor side), and crypto (consumer side) all have transaction fees. Paypal, venmo, etc all make their money from (vendor side) transaction fees as well. Is there a different type of digital payment you are using that doesn’t have transaction fees?

Every digital payment has transaction fees, yes.

Credit card transaction fees for vendors are generally 1-3%, for example.

I believe you would end up inducing currents in any metal surface in the house. Causing them to heat up, or if they are un-shielded electronics, zapping them.

EU is talking about buying even less gas from Russia as well.

Love to see it!

Pay same in cash or credit.

Depends on the vendor. There are a bunch of places around me that offer cash discounts, which I make solid use of. Lets them lower prices for you as you aren’t forcing a credit card transaction fee onto them.

Yeah, there are a bunch of places around me that offer cash discounts which I make solid use of. Lets them lower prices for you as you aren’t forcing a credit card transaction fee onto them.

Things are often measured in mBTC or µBTC for this exact reason.

Just as you don’t measure the length of an ant in meters, you measure it in millimeters.

I never understood why people keep falling for the ‘dehumidifer will solve world water shortages’ thing over and over. It’s an old idea and there is damn good reason you don’t see this ‘obvious’ solution deployed everywhere. (Check out the WaterSeer video if you would like to know more)

Yeah, I also read it the opposite way as the author wrote it: 469 people were warned by Google after their government failed to warn them.

It’s not Google’s job to track and warn people about earthquakes, their job is to make sure their alert system accepts/distributes government safety warnings, which to my knowledge works just fine.

Fiscally responsible people do it because of the cash back/perks and 0% interest.

Fiscally irresponsible people do it because ‘free money’ (ignoring the 28% annual interest).

Credit cards also offer better consumer protections than debit cards. Ex: chargebacks.

A lot of platforms literally don’t support debit cards.

You can get a Visa debit card from your bank; everyone takes Visa.

A credit card, in the US, has a transaction fee for the vendor, 1-3% of the purchase price, sometimes with a flat few cents fee on top.

The consumer has no transaction fee, but does pay interest (around 28% annually) if they don’t pay off the full balance every month (if they do pay it in full at the end of the month, there is no interest charge). Usually there will be a 1-2% cash back for the consumer as well.

Some credit cards also have an annual fee for the consumer. These generally have higher cash back rewards and higher vendor transaction fees than those that don’t.

I learned recently FedNow is a payment processor ran by the Federal Reserve, with a fee of $0.043 per transaction. Making it much, much cheaper than every other payment processor out there.

It just launched two years ago; I’m wondering if this might become more of a thing moving forward for digital payments.

A dollar in fees is a dollar more than with fiat for the person paying.

Average credit card transaction fee is ~2%. So a dollar of Bitcoin fees makes Bitcoin cheaper for any purchase over $50.

The current Bitcoin transaction fee is $0.67. Which means for a purchase larger than $34, Bitcoin is cheaper than the average credit card transaction fee.

No electricity required.

Means this dehumidifier produces even less water than the standard powered dehumidifier.

Uses outside air.

Will breed even nastier shit in the water than one inside a building.

Absolutely. And that is the problem you actually need to solve in the places lacking potable water. They generally have some water, it just isn’t potable. Filters need regular replacing, additives like chlorine need constant resupply, and reverse osmosis is extremely energy intensive. It’s fundamentally a logistics problem.

These are called dehumidifiers and you should not drink the water that comes out of them.

The condensed water is pure, yes. But dehumidifiers almost instantly become a breeding ground for all kinds of nasty shit. Nasty shit that is now in your ‘pure’ water.

Edit: It’s the same problem as the WaterSeer which is also a passive dehumidifier. This same idea comes up several times a year, yet you don’t see them deployed in quantity anywhere. They simply don’t work well. (The WaterSeer actually seems like a better design than what is in OP’s article.)

any game at max settings, 4K, future proofed

You basically asked for the beefiest computer possible. And those specs are certainly the beefiest computer possible.

I’ll likely be spending $8,000 a month

You can hire an actual programmer for that kind of money. Someone with years of experience who knows what they are doing.