121–130 of 233 posts
Total transactions: $41M Blocked fraudulent: $4.8M So that’s nearly 12% of the transactions suspected fraudulent - that’s nuts
And there are 100 times more potentially fraudulent transactions than climate contributions. Humanity at scale...
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Next time you buy food, remember that's traditional farming system taking money out of your pocket. Seriously, if the whole crypto scene taught us anything, it was that a global transaction network isn't an easy service to provide.
Well i learned a different lesson. It's now extremely easy to set up a global transaction network, or you can choose from one of the thousands of existing ones. Maybe you mean the regulatory aspect, not the technical?
Both... but also neither. I meant mostly the marketing aspect. Or for a better word, prestige aspect. People really hate crypto as online cash. Examples:
1. Patreon has held a poll about what new features to add [0]. Crypto was the only feature the creators actively voted against. Note that for creators, crypto means one more way to receive money.
2. My anecdote: I was in a discord group where one member commissioned a short animation from another. They're from different countries and the commissioner couldn't use paypal (for some reason) however. I suggested USDT and explained how to convert it from/to fiat.
They ended up using international wire transfer (fee: ~$30).
3. Any HN thread when you mention crypto.
[0]: https://news.patreon.com/articles/the-first-ever-patreon-cre...
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with respect, I disagree that the function here is to show information. the (primary) function here is to advertise Stripe, and they obviously believe the aesthetic will increase the chance that viewers of the advert with share it with their friends and coworkers, increasing the effectiveness if the advert. if this was a page they provided to all their customers, all year round, as their means of monitoring their own…
People are already talking about how this design crashes their browsers so even the function of advertising isn’t being fulfilled. Also you clicked the link because of the clickbaity title and the info it suggested it contains, not because of the design.
And, for the record, I clicked the link because it was at the top of HN and I was bored. How did it get to the top of HN? because a lot of people saw it and thought it was cool. If they took a more utilitarian approach, would that have happened? I guess we just don't know.
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If I'm not mistaken then this refers to transactions done using Shop Pay which will "remove carbon from the air". https://shop.app/carbon-removal
Sadly those are almost certainly greenwashing bullshit. John Oliver did a piece on that. Also there was this guardian review that didn't find a single satisfactory project among 50. https://www.theguardian.com/environment/2023/sep/19/do-carbo...
https://news.shopify.com/shopify-purchases-more-direct-air-c...
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People are already talking about how this design crashes their browsers so even the function of advertising isn’t being fulfilled. Also you clicked the link because of the clickbaity title and the info it suggested it contains, not because of the design.
The design isn't crashing their browser, the implementation of the design is. You could argue that the design is simply not implementable with current technology to serve the widest array of users (this is doubtful), and possibly Stripe's marketing team made a judgement that they just didn't care about that - but you seem to be laying quite a lot at a designer's door there. I would guess that they are prioritising st…
And no, not everyone is clicking on all the front page links of the same score (you included) so your argument is kinda weak and something must have caught your attention about the title.
Are pre-Auth, retries, etc counted as separate txns or a single txn? Are issuer declines and/or 3DS failed auth also counted.
This reliably kills Firefox on Linux here. The whole browser. After a few seconds, during which the laptop fans are spinnung up, all tabs go into a "This tab just crashed" state.
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I have a similar reaction. If you want to go all the way into the consumer value matrix - Has anyone on HN ever had much a 2nd thought about whether or not their card would 'just work' out in the world? I used to work in the actual room where acquirer links were monitored in real time 24/7/365. At least 8 people were in that room at any given time. I've never worked in nuclear power but I imagine you could draw some…
The history of payments and banking is amazing. It’s always been a hard problem to solve, and the bankers who solved it always got paid handsomely for enabling commerce. In the old days everyone bartered. Then came shells. Then precious metals. The gold had to be literally shipped around. Everyone from the Roman to the British empire had to physically ship chests of gold to it’s soldiers. Cross border commerce was ab…
> The much-maligned banking sector is really a triumph of capitalism.
Yes, the triumph of "what's in it for me".