Quotes About Transactions

I don't know about you, but most of my exchanges with cashiers are not that meaningful.

People didn't know where they could trade. When everybody owes each other IOUs that can be in multiple places at once, that's how the system couldn't tell any more who owned what and who owed what to whom. Blockchain could have prevented 2008.

I firmly believe that when and if Amazon and or Apple adopts bitcoin as a payment structure the dam will essentially break because at that point you're talking about a very high volume of transactions being able to use bitcoin.

Shopkeepers are not bankers.

I like banks because they keep my money safe, but I don't want to talk about banks 12 times a year.

You don't realize how much you use your credit card not even to buy things. It's a card you get so you can navigate society.

Most of those who pawn things and want to borrow money don't want to be on television. That part of my business you don't see, and I do five or 10 times as much.

You really want some natural way for people to get Bitcoins, as part of their paycheck or some other activity so they can turn around and spend them. It's much better if the Bitcoin economy is a self-contained thing.

Payments is a hard business. It's a messy business, with not necessarily the largest of margins.

Payments banks can also act as business correspondents of other banks.

More people are using PayPal more frequently.

The time of intelligent transactions with analytics behind tangible functions has come according to the new version of the game theory mixed with hybrid blockchains, but with the adoption of all dimensions. It is the world of cryptocurrencies, the only world where all colors meet in order to fight each other.

There are more foolish buyers than foolish sellers.

Should you speak to a man who understands commerce, he will tell you that the everyday business transacted by merchants would be absolutely impossible were it not based on mutual confidence. The habit of keeping his word, the desire not to lose his credit, amply suffice to maintain this relative honesty.

Rarely do political contributions lead to direct quid pro quo transactions - donations for votes - and those that cross this line normally get caught.

Too many of us are vulnerable, and I look forward to working with AARP to advise people about the safest ways to conduct their financial transactions and manage social media.

In financial services, the front end of the world operates at super-high speeds: comparative advantages are measured in fractions of nanoseconds. And yet back end processes - the amount of time you have to wait when you sell a stock before cash hits your account - can take days.

Commerce is a core component of pretty much any successful society.

El aumento de las desigualdades corroe la confianza; tiene un impacto económico similar al de un disolvente universal. Crea un mundo económico en el que hasta los ganadores son precavidos. Y los perdedores… En toda transacción, en todo contacto con un jefe, una empresa o un burócrata, ven la mano de alguien que quiere aprovecharse de ellos.

Perhaps talk of counters turned the boy's thoughts to his father's glove shop. His father would have accounted for all his transactions using the tokens. They were hard and round and very thin, made of copper or brass. There were counters for one pair of gloves, and for two pairs, and three and four and five. But there was no counter for zero. No counters existed for all the sales that his father did not close.

Visa's Zero Liability policy covers all Visa credit—and debit-card transactions processed over the Visa network. Visa extends the same protections and benefits to its debit cards as it does to credit cards—including the ability for credit-card issuers to resolve merchant disputes on the cardholder's behalf if goods were defective or weren't received, you were overcharged, or for other reasons.

financial transactions from hackers and thieves.

While paper money will no doubt remain in circulation as a residual medium of exchange for the poor and computer-illiterate, money for high-value transactions will be privatized.

When technology is mobile, and transactions occur in cyberspace, as they increasingly will do, governments will no longer be able to charge more for their services than they are worth to the people who pay for them.