J. B. Crawford personal blog

Plastic Money

You will sometimes hear someone say, in a loose conceptual sense, that credit cards have money in them. Of course we know that that isn't the case; our modern plastic card payment network relies on online transactions where the balance tracking and authorization decisions happen within a financial institution that…
Points
271
HN comments
135
Submissions
1
Cited by
0 commenters

Society, Policy & CultureHistory & Retro Computing2023

On Hacker News

SubmittedTitle on HNPointsComments
Sep 4, 2023Plastic Money by bertman271135

More from J. B. Crawford

All 37 posts →

Related posts from the same era