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Buy payphones and retire

computer.rip

31–40 of 365 posts

Re: Buy payphones and retire

#31
post #23

Earlier quoted context omitted.

I'd say that is a bit like splitting hairs, but the article does question the extent to which actual payphones and calls were actually involved..

Ponzi schemes are illegal. MLMs are legalized Ponzi schemes. The outcomes are similar but one has a veneer of legitimacy that makes it more dangerous for some people.

[deleted]

Re: Buy payphones and retire

#33

Why would I want to retire? I am old and most my friends are boring or died after they retired. Sounds like hell on earth. I like working, it is my hobby and life.

You might not want to retire, but your body (or mind) might have other ideas.

Re: Buy payphones and retire

#34
post #16

Earlier quoted context omitted.

The things I love are broader than "IP controlled by my company." I can see that if the thing you love is massive financial institutions or defense contracting or something?

Maybe he's a helicopter mechanic or a million other things you can't just do at home.

Go buy 40 acres in the desert and live your dream.

Re: Buy payphones and retire

#35
post #18
post #5

Earlier quoted context omitted.

I would imagine that's even more attractive to them in the old days, when they dealt in coins and bills. A modern vending machine probably mostly gets credit card transactions, which are traceable.

It's easier to launder money with services than goods anyway because you don't need to dispose of excess merchandise to make the books balance. Like if you want to claim to have sold 10000 cans of soda despite only selling 1000, you need to buy 10000 cans of soda or even the most superficial review of your accounts will reveal the scheme. The ideal laundering mechanism is a service with a high ratio of price to varia…

Great theory lesson, but… You are basing all of this on a non cash world. Cash is still king in many parts of society that aren’t entirely on the up and up. These are the OGs of this sport and definitely aren’t incompetent. Plus sale of goods is very easy to fake if you have multiple parts of the vertical covered. things don’t make sense if you’ve never done them.

Re: Buy payphones and retire

#38

> And what income is more passive than vending machine coin revenue? Automated vending has had a bit of a renaissance, with social media influencers buying old machines and turning them into a business. Iunno, where I grew up, vending machines were controlled by the mob. Up to mob hits in the HQ’s parking lot. Makes me wonder if pay phones are the same after the telco offloaded them.

I have also heard that vending machine locations are highly contested. You can buy the machine, but you are not going to have the pull to deploy it at the airport. Those contracts were signed long ago.

Then why are there so few? And containing such a small variety of goods?

In Japan anywhere from a busy subway to a remote park, there will be rows of vending machines everywhere, with more varieties of sodas, coffees, soups, ice creams, candies, hell even clothes or meat! And those are just the common types. You're never far from what you want in an automated fashion.

Why are we so behind in America when there seemingly is excess on the supply side for the chance to supply more goods and deploy more machines, and demand on the consumer side for better, more convenient, more available, and more varied vending machines goods?

Re: Buy payphones and retire

#40

Earlier quoted context omitted.

I have also heard that vending machine locations are highly contested. You can buy the machine, but you are not going to have the pull to deploy it at the airport. Those contracts were signed long ago.

Then why are there so few? And containing such a small variety of goods? In Japan anywhere from a busy subway to a remote park, there will be rows of vending machines everywhere, with more varieties of sodas, coffees, soups, ice creams, candies, hell even clothes or meat! And those are just the common types. You're never far from what you want in an automated fashion. Why are we so behind in America when there seemin…

There are many huge contextual differences between the US and Japan when it comes to vending machines, but the most obvious one is that Japan is eminently walkable, while the US is so pedestrian-unfriendly that there's no guarantee that people will even be around your row of vending machines in the first place.
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