I tend to agree with the article that mobile payments and such don't feel like they provide much value. If there are system allowed people to walk into stores and just take stuff without waiting in line, the time savings would be huge. But the time spent in actually physically swiping a credit card is minimal so even once the glitches are gone, the payoff in convenience is mediocre at best.
Why can't we have this: Mobile phones + barcode scanners + CCTV + object/facial recognition = convenient shopping experience where you can pick up what you need, scan it, and walk out having paid by phone. CCTV algorithms can flag potential shoplifters or shoppers who forgot to scan certain items. If it can be pulled off then it could mean fewer people working checkout and less spending on bags. But, on the other han…
What the Mark of the Beast Taught Me About the Future of Money
11–20 of 44 posts
Re: What the Mark of the Beast Taught Me About the Future of Money
#12Earlier quoted context omitted.
I don't understand why Christians get anxious about applying events in Revelations to the current day. Do they not believe that they aren't going to be here for it?
>Do they not believe that they aren't going to be here for it? There are three main beliefs within Christianity: Some believe that the rapture will occur before the rise of the Antichrist and the events described in Revelation (note the singular). Some believe that Christ will call home the faithful midway through the strife. Some believe that only those who are faithful for the complete event will be called up. I ha…
Premillenialism, Amillennialism, and Postmillenialism.
https://en.wikipedia.org/wiki/Millennialism
Most Evangelicals believe in Premillenialism (thank you Left Behind Series) so the grandparent is correct they believe they won't be around for the acts of Revelation. But they are also super paranoid about this stuff and see things like this (and the adoption of stuff like this) as signs that the End Times are coming.
Plus, no one really know which will occur, and there's a field of thought that believe by taking the Mark of the Beast you won't be saved anymore (again, thank you Left Behind series) so they are SUPER paranoid.
Re: What the Mark of the Beast Taught Me About the Future of Money
#13Earlier quoted context omitted.
I don't understand why Christians get anxious about applying events in Revelations to the current day. Do they not believe that they aren't going to be here for it?
>Do they not believe that they aren't going to be here for it? There are three main beliefs within Christianity: Some believe that the rapture will occur before the rise of the Antichrist and the events described in Revelation (note the singular). Some believe that Christ will call home the faithful midway through the strife. Some believe that only those who are faithful for the complete event will be called up. I ha…
Re: What the Mark of the Beast Taught Me About the Future of Money
#14Does any one have a guess as to how future-proof these current chips are? Just like other new tech products, I can't imagine that they will be fully compatible with the majority of the payment ecosystem in 10 years.
I imagine every few years you'll go in for a checkup with your iDoctor.
Re: What the Mark of the Beast Taught Me About the Future of Money
#15I tend to agree with the article that mobile payments and such don't feel like they provide much value. If there are system allowed people to walk into stores and just take stuff without waiting in line, the time savings would be huge. But the time spent in actually physically swiping a credit card is minimal so even once the glitches are gone, the payoff in convenience is mediocre at best.
Why can't we have this: Mobile phones + barcode scanners + CCTV + object/facial recognition = convenient shopping experience where you can pick up what you need, scan it, and walk out having paid by phone. CCTV algorithms can flag potential shoplifters or shoppers who forgot to scan certain items. If it can be pulled off then it could mean fewer people working checkout and less spending on bags. But, on the other han…
Re: What the Mark of the Beast Taught Me About the Future of Money
#16Re: What the Mark of the Beast Taught Me About the Future of Money
#17This is a very fascinating story for me. I remember as a child my ( conservative, christian ) parents having long, serious discussions about credit cards and banking. They were wrestling with the same section of scripture that the writer quoted, Revelations 13:16-17: "It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads,so that they co…
Serious question: What is the difference between having a card and having a chip? I mean, theologically, and what is your particular hesitation? Growing up in a conservative, christian household myself, there were rumblings that the Mark of the Beast had already arrived in the form of a Social Security Number.
Re: What the Mark of the Beast Taught Me About the Future of Money
#18Earlier quoted context omitted.
>Do they not believe that they aren't going to be here for it? There are three main beliefs within Christianity: Some believe that the rapture will occur before the rise of the Antichrist and the events described in Revelation (note the singular). Some believe that Christ will call home the faithful midway through the strife. Some believe that only those who are faithful for the complete event will be called up. I ha…
There are also Christians who believe it was an allegorical story based on events that were happening when it was written.
Re: What the Mark of the Beast Taught Me About the Future of Money
#19Cash is not going away anytime soon for at least a couple of reasons: Trust (Account Overloards say I have 100 USD in my account when I actually have 1,000), and cash is a very handy debt instrument for the issuer. (and) FDR did not take the US off the gold standard, he outlawed private ownership of gold. Nixon took the US off the gold standard in the early 70s.
So if you buy gold in the US, you are actually renting it from the government or something?
Re: What the Mark of the Beast Taught Me About the Future of Money
#20This is a very fascinating story for me. I remember as a child my ( conservative, christian ) parents having long, serious discussions about credit cards and banking. They were wrestling with the same section of scripture that the writer quoted, Revelations 13:16-17: "It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads,so that they co…
I don't understand why Christians get anxious about applying events in Revelations to the current day. Do they not believe that they aren't going to be here for it?
The Fundamentalists evolved differently from the main European Christianities - think of a small village of practitioners separated from any strong institutional backing. You'll get "telephone game" distortions.