7 ms·
Don’t forget arbitrage, which is the withholding of transferred funds for 7 days while the capital remains in visa’s accounts for “investing” / speculation. It
by tonymet 7d ago
Don’t forget arbitrage, which is the withholding of transferred funds for 7 days while the capital remains in visa’s accounts for “investing” / speculation.
It’s like if you gave your buddy $100 to give to his room mate, and he decides to wait a week and gamble it on Kalshi
- nonethewiser 7d ago>It’s like if you gave your buddy $100 to give to his room mate, and he decides to wait a week and gamble it on Kalshi Or treasuries. Its actually a minor part of rheir business. And frankly who cares given that its a sustainable system. I pay on credit and then someone else pays. I dont give a shit of they are betting on how many times Al Roker says Trump on New Years Eve.
- tonymet 7d agoThe merchants , who need that cash flow
- throw1234567891 7d agoYou better don't look into how banks make money on your savings.
- erfgh 7d agoYou better don't look into how banks created your savings by creating loans that were used to invest into companies and thus pay salaries.
- throw1234567891 6d agoI looked. I know. It's not me who is surprised.