11–20 of 53 posts
Approximately 6.8 million people visit the Eiffel Tower each year.
It doesn't take a math major to realize that this is a laughable idea.
Related question. Am I wrong in assuming virtually every business that has a "cash only" policy does so to facilitate tax fraud? I know there are legit exceptions, but isn't this the main reason they do it?
Related question. Am I wrong in assuming virtually every business that has a "cash only" policy does so to facilitate tax fraud? I know there are legit exceptions, but isn't this the main reason they do it?
I highly doubt the government would trust a service like that for such problems or even waste their valuable time. I'm sure they have much more efficient ways of detecting this then trying to sift through that junk. It's also very easy to manipulate check-in's (Foursquare specifically), in respect to checking into locations when you don't actually have to be there, physically. And as far as Facebook goes, you can che…
Related question. Am I wrong in assuming virtually every business that has a "cash only" policy does so to facilitate tax fraud? I know there are legit exceptions, but isn't this the main reason they do it?
The example to date is the Eiffel Tower, with 36429 checkins over the 3 years of Foursquare's existence. Approximately 6.8 million people visit the Eiffel Tower each year. It doesn't take a math major to realize that this is a laughable idea.
https://developer.foursquare.com/docs/explore#req=venues/49f...
Over 10k check-ins, and I doubt it has 2 million visitors per year.
Please elaborate on why you believe this is a laughable idea just from a numerical standpoint.
Related question. Am I wrong in assuming virtually every business that has a "cash only" policy does so to facilitate tax fraud? I know there are legit exceptions, but isn't this the main reason they do it?
In the case of CC you'll get a payment 30 days later, so in VISA vs. cash, you're not getting the interest on the money, if you need to use the money you'll have to pay your bank interest, and you'll pay a processing fee on top of it.
About the only advantage CC has is that it's difficult for employees to steal from the register, so instead they steal the magstrips.
The effect is probably real, but the problem is the correlation coefficient probably varies over space and time. E.g. you probably have a lot more Foursquare users in Silicon Valley than in Smalltown, USA. Also, Foursquare probably has its popularity change over time. Right now it's still a little new and shiny, but its popularity might change over time. If it was the only information available, it would be better th…
The good thing is that it's not the only information available, just one more signal. And what's wrong with trying it out only in the Bay Area and New York, for example?
I'm sure nothing bad at all would happen upon people reading that headline.
Seriously, I have no idea why we discuss some of this stuff. It only serves to give ammo for other people to monitor and control us in ways they never have before.
The example to date is the Eiffel Tower, with 36429 checkins over the 3 years of Foursquare's existence. Approximately 6.8 million people visit the Eiffel Tower each year. It doesn't take a math major to realize that this is a laughable idea.
Probably the majority of those check-ins happened in the past year. Also, look at a Starbucks near where I live: https://developer.foursquare.com/docs/explore#req=venues/49f... Over 10k check-ins, and I doubt it has 2 million visitors per year. Please elaborate on why you believe this is a laughable idea just from a numerical standpoint.
Come on, seriously.