331–340 of 400 posts
> Based on Telegram app, most secured and fastest messenger in the world. Red flag right there.
It's just a Telegram bot, it's not "based on" Telegram's source code (which is what I assumed when reading your comment before opening the page). That's like saying Facebook is based on PHP and saying "that's a major red flag!"
Re: Credit Card Integration Stripe doesn't really cost that much; you could support card payments and pass the stripe fees along to both parties (50/50 to the passenger and driver) This is a really good idea if it can take off, but I think cash only is a non-starter, though I understand the restriction initially
Unfortunately this isn't possible for a service like this. If money passes through the hands of the app-creator than they have to hire an accountant, take on risk, and file tax returns. Not possible with a non-comercial service.
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AZERBAIJAN MANAT ZAMBIAN KWACHA BELARUSIAN RUBLE All currencies, all are as volatile as can be.
Those currencies you list might be volatile vis-a-vis some foreign currency (and thus vis-a-vis "foreign products"), but they're presumably somewhat stable vis-a-vis "domestic products" (you might have inflation, but that typically goes up only, so it's drift, not volatility). Bitcoin doesn't really have "domestic products", that is things that are denominated in it. So, low volatility is a quality criterion for mone…
Source: lived under a hyperinflation of 1900%/year and people did not switch currencies.
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That's true, but non-volatility counts for something there. Money classically has three roles, as a medium of exchange, a measure of value, and a store of value; when something's value fluctuates dramatically over time, it's failing to fulfill the second and third roles. Measure of value is unimportant for day-to-day use (although vital for accounting), but store of value is indispensable. I'm guessing that we're sec…
Fiat currencies can also suffer from hyperinflation so the second and third problems are not unique to BTC at all.
The BTC mechanism for attempting price stability on the other hand does the opposite: the supply is designed to grow very steadily, but with no reason whatsoever to believe a stable and sustainable demand for that particular cryptocurrency exists in future.
[1]Hyperinflations occur when the supply of money grows steadily without even bigger growth in future demand obligations, which in practice invariably happens because the government has resorted to printing it to discharge debts and release people from future tax obligations. This actually looks more like a Bitcoin economy (albeit with more potential for the money supply to grow really, really quickly) in that what the government is doing is decoupling supply from demand.
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Uber is trying to address the Credit Card issues after it noticed that lots of Singaporeans, maids and foreign labor do not have credit cards but still needs the service. They accept cash now. https://www.techinasia.com/uber-cash-payments-singapore
I think it's more because Grab (Uber's competitor in Singapore) has always had the cash option from the start (Grab introduced GrabPay — their credit card option — after) [1], and Uber was trying to match the "feature". [1] https://vulcanpost.com/171862/grabtaxi-uber-challenge-cashle...
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Just a guess— because it's easier for LibreTaxi to implement as a free open-source project, without needing to deal with IRS, banking, & other financial bureaucracy.
Means the drivers get to have all that fun themselves instead.
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> technology could greatly help the local communities in solving their transportation problems that are as "simple" as getting from point A to point B with no other feasible options available In rural communities here in Chile, and also in smaller towns, there is an amazing solution to this called Collectivo. I had never heard of it before arriving, but man it's the greatest thing. It's something in-between a bus and…
That's kinda what uber 'pool' and lyft 'line' are. Continual on/off of passengers, but without set routes - you join people close to the car's current route. Pre-set routes seem distinctly worse. By definition they don't flex to handle new / temporary traffic patterns. Though they do have a super-huge benefit of not needing an app / real-time requests - in some cases that's a requirement.
tg://resolve?domain=libretaxi_bot
I'll post a comment from ProductHunt, which might give a bit more context to where the founder sees this going, and why cash rides make sense under certain circumstances he designed the app for: […] I have gone to the founder's blog and it provides a better understanding of where he sees it going: Uber (and similar apps) will never reach many remote villages, cities and regions around the world (and don't have to), b…
Uber is trying to address the Credit Card issues after it noticed that lots of Singaporeans, maids and foreign labor do not have credit cards but still needs the service. They accept cash now. https://www.techinasia.com/uber-cash-payments-singapore