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Eagle Cash

en.wikipedia.org

31–40 of 109 posts

Re: Eagle Cash

#31
post #20
post #8

Earlier quoted context omitted.

Something similar existed in Belgium from 1995 to 2014 for small payments, called Proton [0]. [0] https://en.wikipedia.org/wiki/Proton_(bank_card)

Also Chipnik in NL, discontinued several years ago. Too fiddly, nobody worries about privacy any longer. https://en.m.wikipedia.org/wiki/Chipknip

And Danmønt in Denmark, 1991-2005.

I think Sweden had one called Kash or something like that.

Re: Eagle Cash

#32
post #29
post #23

Earlier quoted context omitted.

Not sure a whole book is needed, it seems fairly straightforward to show that society is based on threats of violence. If you don't pay someone, that someone can go to a judge. If you indeed did something illegal (e.g. if you did a double spend, money forgery, whatever) you should be declared guilty and ordered to pay the damages plus perhaps a fine. If you don't do that, the amount due will increase and eventually y…

One reason I am interested in Bitcoin is that it doesn't rely on violence to enforce it's rules.

It doesn't prevent from physical torturing that can be used to steal your coins. I've already seen a bunch of news about missing or killed people in this field. The creator is also probably dead.

Re: Eagle Cash

#33
post #8

Earlier quoted context omitted.

Funds are stored on the card and loaded from a kiosk.

Something similar existed in Belgium from 1995 to 2014 for small payments, called Proton [0]. [0] https://en.wikipedia.org/wiki/Proton_(bank_card)

In Germany, there's GeldKarte. Still relatively widely supported on public transportation ticket machines and cigarettes vending machines, so they can be used offline.

I found it awesome to use with at-home recharging (with an appropriate card terminal) and use on trains. Often, the ticket machine would refuse coins or not have change. Electronic payment to the rescue! :)

Unfortunately, its fate is already sealed with basically all banks having announced their withdrawal from the system.

https://en.wikipedia.org/wiki/Geldkarte

Re: Eagle Cash

#34
Wait until you guys see the prices for the "AAFES POGS" on ebay ...

Basically while you can use cash, coins are too heavy to justify shipping into country. AAFES instead prints "gift certificates" in the shape of a pog, in 0.05, 0.10, 0.25 denominations.

The resale value on these is hilariously high ... these are federally issued mediums of exchange being currency except in name only. And only useable in deployed locations.

Re: Eagle Cash

#35
post #17

my laundry room in college used the same technology. sucks if you damage the card (by sitting on your wallet, for example).

Of maybe like electronic lunch chits. Once they go through the reader, it might 'burn the circuit' being equivalent to stamping a hole into the card.

Re: Eagle Cash

#36
post #3

> This method allows soldiers to purchase goods and services at U.S. military posts and canteens, without carrying cash, or manage their personal bank accounts while on deployment or in training. The program reduces the amount of American currency required overseas, reduces theft, saves thousands of man-hours in labor, helps reduce the risk of transporting cash in combat environments, and increases security and conve…

Famously instant ramen noodles is the currency of choice for people in prison: small, uniform and non-perishable. Just like every other society, in the absence of cash I'm sure soldiers have developed a bartering economy. Likely including to acquire drug/alcohol/tobacco products that may be otherwise banned. You sell me your old Nintendo Switch and I'll use my EagleCash card to buy you 100 packs of instant ramen at c…

Couldn't soldiers also just use cash to augment their trading? Or is that specifically banned?

Re: Eagle Cash

#37

Wait until you guys see the prices for the "AAFES POGS" on ebay ... Basically while you can use cash, coins are too heavy to justify shipping into country. AAFES instead prints "gift certificates" in the shape of a pog, in 0.05, 0.10, 0.25 denominations. The resale value on these is hilariously high ... these are federally issued mediums of exchange being currency except in name only. And only useable in deployed loc…

The word medium comes from latin, its plural is "media", not "mediums".

Re: Eagle Cash

#39

Wait until you guys see the prices for the "AAFES POGS" on ebay ... Basically while you can use cash, coins are too heavy to justify shipping into country. AAFES instead prints "gift certificates" in the shape of a pog, in 0.05, 0.10, 0.25 denominations. The resale value on these is hilariously high ... these are federally issued mediums of exchange being currency except in name only. And only useable in deployed loc…

The word medium comes from latin, its plural is "media", not "mediums".

[deleted]

Re: Eagle Cash

#40

Wait until you guys see the prices for the "AAFES POGS" on ebay ... Basically while you can use cash, coins are too heavy to justify shipping into country. AAFES instead prints "gift certificates" in the shape of a pog, in 0.05, 0.10, 0.25 denominations. The resale value on these is hilariously high ... these are federally issued mediums of exchange being currency except in name only. And only useable in deployed loc…

The word medium comes from latin, its plural is "media", not "mediums".

While some sources agree with you: https://www.thefreedictionary.com/mediums

Both Media and Mediums are plural forms in common usage. Thus: https://www.merriam-webster.com/thesaurus/mediums has mediums variants: or media plural of medium

ex: https://www.uspto.gov/kids/MiddleSchool-HowWellSoundTravels....

And really, English just evolves over time so these kind of rules don’t actually mean anything.

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