Quote:
Originally Posted by Jel
exactly! which is why the internet, online payment, online banking, paypal, and the like will never take off  |
They didn't "take off" for years until controls were put in place. Plus, that was a smaller change - credit cards, the backbone of internet commerce, were already well developed. In 1989 (I'm sure I don't need to tell you well before the advent of ecommerce as we know it) the average US family had $2,650 worth of CC debt. Buying by phone with a CC was already in place, as was banking by phone. Internet purchases and banking were just a non-verbal version of that type of transaction and it has taken 25 years to get it right. Virtual currency is an entirely different paradigm.
But nice use of a simplistic sarcastic phrase! You really nailed the "details are beneath me" tone you were going for.