131–140 of 229 posts
Not really. You just need different kind of priorities. For example Diaspora challenges Facebook on the grounds where FB is the weakest - privacy. Facebook can't compete on privacy no matter how hard they try (and they simply won't even try since the whole FB is built on selling off privacy).
This thread is interesting in that some people are arguing they wouldn't trust Facebook with their cc. To me this makes no sense as the likelihood of fb doing anything funky with your cc details once obtained seems highly unlikely. If something does go wrong cc have very good insurance on them. The problem does seem to be a general resentment and paranoia of large companies. I dont think fb are going to cook up a hal…
It's not about FB deliberately doing something funky with it - it's about one of the million and one apps that have requested access to your FB account at some point doing something funky with it. You may trust them to do it as securely as the next person, but at least partly based on their past reputation around privacy, I don't.
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Google Wallet is actually fairly useless. To load it up you need a credit card. If you have a credit card, you could just as well, uhm, use a credit card.
I think your parent was being sarcastic. We need a sarcasm tag in HTML.
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I was aware of that. But parent did raise an interesting point. Google Wallet isn't doing too great. Why?
the sheer number of possible answers is overwhelming, but pretty much everything Google does fails, except for search and email. (I can't be the only one who's afraid to find out what their cars are like.) so I'm going to say the reason Google Wallet failed is because it was neither search nor email. I guess you could say Android is only half a failure, because the constant catch-up game they're playing with Apple is…
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I was aware of that. But parent did raise an interesting point. Google Wallet isn't doing too great. Why?
the sheer number of possible answers is overwhelming, but pretty much everything Google does fails, except for search and email. (I can't be the only one who's afraid to find out what their cars are like.) so I'm going to say the reason Google Wallet failed is because it was neither search nor email. I guess you could say Android is only half a failure, because the constant catch-up game they're playing with Apple is…
> pretty much everything Google does fails, except for search and email.
I can see that you're having some difficulty with google recently, but you can't actually believe this. What about Maps? Saying that maps is search because it has search built in means we can call GMail search too. What about Calendar?
> I guess you could say Android is only half a failure, because the constant catch-up game they're playing with Apple
This is where the snark starts to bother me. Let's acknowledge that Apple made a phone with a big glass touchscreen before Google. What, since then, has been a great innovation that Android has rushed to rip off?
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"The Economist recently put the fraud loss rate at approximately 0.35% of transactions and up to 1.8% for online payments" For the ~$2 trillion[1] going through online payments, bringing down the online fraud loss by every 0.1% is equal to $2B, if over time Facebook can reduce that online fraud rate by 0.5% or more there is your $10B. Using your real identity to make online payments could reduce that to real world le…
Using your real identity to make online payments could reduce that to real world levels How many of your friends have had their facebook accounts stolen? For me, it's a few percent. "Oh look, another random acquaintance is stuck in Abu Dhabi and needs me to wire them some money" Facebook security isn't nearly good enough to be handed my wallet. Actually it's not my wallet that's the problem, it's the wallet of everyb…
Pretty sure most cases where people's accounts get hacked have nothing to do with the security of the website, except inasmuch as the site fails to provide an authenticator. Most "hacking" involves getting a computer virus or entering your password into a site that is not actually Facebook.
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I don't want to waste those 10 seconds which feel like eternity trying to fill all the fields. That's why amazons "1 click" checkout button is so successful. Make me, the user, do as less work as possible.
It's frustrating how the Google Toolbar solved this problem perfectly 10 years ago, then stopped working consistently. I should never have to type in a password, credit card number, or address if I don't want to... yet nobody except a few proprietary browser plugin vendors treats this as a problem worth solving.
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Credit cards suck for many reasons other than just convenience of use. Credit card companies are big cartels with hefty fees to retailers, slow and unpredictable turnaround between when a payment is made, and when it gets to retailers bank, and infrastructure that's not well suited for micro payments, or peer to peer payments. http://www.wired.com/magazine/2010/02/ff_futureofmoney/all/1
>Credit card companies are big cartels with hefty fees to retailers, slow and unpredictable turnaround between when a payment is made, and when it gets to retailers bank, and infrastructure that's not well suited for micro payments, or peer to peer payments. The consumer doesn't give two flying fucks about any of this. This is a very important point.
Ever had to buy stuff you didn't want to meet a minimum spend on cards? Cause over here many shops have a minimum of £5. And this is why.
Oh yes, the consumer cares, they just blame the shop owner instead of the cartels.
I fully agree. For a lot of people facebook is their identity, linking their identity to paiement is a logical step. They could first allow people to exchange any amount of money with friends for free, add it to their mobile app so that everyone has it anytime. Other apps are doing that, and that's very useful. And they should buy Stripe, bind everything together, displace amex, visa and mastercard. Or may be that's…
I always thought this would be Apple's next plan as well. "Pay with your Itunes account" or something like that.
They have a good place to do that, but I doubt that they'll go that way.
But Steve isn't there, and Apple moves might be unexpected.
