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In the US cash is more convenient for paying dinner. Instead of the awkward dance of check -> put card -> bring back -> tip. You just pay it with tip, can easily round up or down a bit...


it still is wild that they take the card away from the table when tap payments exist so extensively, even in the USA.

Here in Canada, the servers often will bring the card reader at the same time as they bring over the bill, because the assumption is you're likely paying with a card, either credit or debit, so why not save the extra trips entirely?


I actually prefer it - I hate having the waiter hovering over me while i decide the tip + I can continue a conversation/finalize my bill at my leisure if my card is simply returned awaiting my signature.


In Europe they look the other way so you can type your PIN without them looking over your shoulder. Waiters are quite professional about this aspect.


Yes, it is far less intrusive!


It seems to be rolling out gradually. In Seattle I'd say about a quarter of restaurants bring card readers to the table and it's ticking up over time.


Canadian banks send you the reader for free, US banks make you pay. The cheapest option wins.


How is that any different from the "awkward dance" of using cash and waiting to get change back? And trying to make sure you wind up with bills of the necessary denominations to be able to leave the right tip? Not to mention when you realize you misplanned and need to visit the ATM while someone stays at the table.

No, if we're talking only about convenience, a card wins every single time.


> How is that any different from the "awkward dance" of using cash and waiting to get change back?

I don't wait for the change to come back. The change is part of (or the entirety of, depending) the tip.


My ATM only dispenses 20's. (And 50's.)

What do you do when the bill+tax is 19? And with a normal tip would be 22 or 23?

And you don't have anything less than a 20 at the moment? Because, you know, that happens?


I don't know... that's never really happened to me. I generally have a small selection of bills smaller than 20s in my wallet.

I guess in those cases I'd wait for change.


Huh. Weird. I feel like I can count on one hand the number of times in my life where I've happened to have bills that add up to exact change for a meal. Even allowing a couple of dollars to round in either direction. Like, I always need change.

Maybe different strategies for managing cash? Which it's never even occurred to me until now that could be a thing.


Current thought in political circles is the problem is the fertilizer, nitrogen must be reduced.


Thank you! At this point we reapplied but left thinking, what if we had filed a motion? The main thing was they did not know how quick it would have reopened and I risked running out of authorization in the meantime.

They did not strike me as particularly knowledgeable as to getting a Congressional office involved even though I brought it up. Just big-tech provided lawyers, not sure how effective they are when the process deviates from usual


Feyerabend, for one, but that's getting quite above you...


That would have been a better comment without the dig. I suspect the person you're replying to would find "Against Method" interesting (assuming they haven't already read it).


Yeah, the way it's done in my country is the founder and his existing investors pool into a holding for the 51% which the founder controls. Then, they cannot sell around his back


Sane people would say "I don't know you" and hang up.


The CEO did not have 51%.


If he had less than the PE firm from the get-go, then he was never in control.


I've seen small towns adopt cash only payments to curtail this. Why should the tax pay effectively a 2%+ tax on the economic activity of the town. Imagine a bunch of people living there, transacting with each other, 2% tax for every movement?


On some levels yes, if getting and keeping cash is your aim, it can work.

But there are costs associated with cash too. It has to be stored safely, counted and reconciled, banked (not always free) etc etc.

I’m not saying credit card fees are ‘cheap’, especially not in the US where they seem to be quite high to support the cashback economy, but cash isn’t free for a business either.


Time to go bigger on metals and crypto


Why?


Because BRICS will adopt a gold-backed currency to resolve oil transactions without USDollars. This should happen late August.


Is there somewhere to read about this specific plan?



lol BRICS is a predictable failure.


You're not going to reliably bully people away from transaction their species-backed stores of value for petroleum. Particularly not dozens of non-USDollar-backed countries eager to transact differently.

See: recent price of gold and bitcoin and oil (and stock market, in general) IE: NOT USD

See, also: several countries request physical return of their alleged gold holdings


Hard to be easily debased, hard to mass censor/prohibit payments to unpopular organizations.


So, they just ban crypto, and then they take your precious metals.

Think I'm kidding about the last one? The US government has already taken gold from citizens (by law, and without recourse) before, and nobody did anything about it.


"just ban crypto" doesn't work. They tried that with cocaine already.

They also didn't get a very large percentage of the privately held metals, either.


This is analyzed in that classic economics text The Wealth of Nations, neither capitalists nor urban workers win this one.


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