Quotes About Transactions
Some of the best things that I ever sold on Ebay, I bought on Ebay - just for way less.
~ Sophia Amoruso
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The "something" that connects the two transactions is called money, and it has taken innumerable physical forms—from stones to feathers to tobacco to shells to copper, silver, and gold to pieces of paper and entries in ledger books. Who knows what will be the future incarnations of money? Computer bytes?
~ Milton Friedman
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voluntary economic transactions—whether between employer and employee, tenant and landlord, or international trade—would not continue to take place unless both parties were better off making these transactions than not making them.
~ Thomas Sowell
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When John Rawls, in his A Theory of Justice repeatedly referred to outcomes that 'society' can 'arrange,' these euphemisms finessed aside the plain fact that only government has the power to override millions of people's mutually agreed transactions terms. Interior decorators arrange. Governments compel. It is not a subtle distinctions.
~ Thomas Sowell
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What the British had earlier than many other peoples was a framework of law and government that facilitated economic transactions.
~ Thomas Sowell
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Complex and time-consuming international economic transactions, including long-term investments, are particularly dependent on a reliable framework of law, so that changes of government policy or of individuals in power, do not create large uncertainties as to whether commitments will be honored or foreigners treated on an equal plane with the natives involved in commercial and financial transactions.
~ Thomas Sowell
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As long as no malicious party can acquire majority control of the network computational power, the transactions will be processed by the good faith actors and appended to the ledger when a block is "won.
~ Campbell R. Harvey
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In Ethereum, there are two types of addresses: the externally owned account (EOA) and an address of a contract account. Transactions sent to an EOA can only transfer ETH.1 In Bitcoin, all addresses are EOA. In Ethereum, when data is sent to a contract account, the data are used to execute code in that contract. The transaction may or may not have an accompanying ETH payment for use by the contract.
~ Campbell R. Harvey
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If only we had a single view of the customer: top of funnel, bottom of funnel, as well as their complete history with the company. Not only what they purchased, but also what they did on our site, what they browsed, searched for, their credit card transactions, repair history … There's so much potential!
~ Gene Kim
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Commerce is the equalizer of the wealth of nations.
~ William E. Gladstone
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Square is turning informal, cash transactions, like you would do with a taco truck, into card swipes. Stripe is more for the Internet, it's focused on the kinds of transactions that weren't possible years ago. We think about how you would buy things from a mobile phone, crowd-funding, how should that work.
~ Patrick Collison
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The link between foreign-exchange transactions, art, and armaments hadn't gone unnoticed by Hoover.
~ Susan Ronald
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My experience is that money and transactions purify relations; ideas and abstract matters like recognition and credit warp them, creating an atmosphere of perpetual rivalry.
~ Nassim Nicholas Taleb
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My experience is that money and transactions purify relations; ideas and abstract matters like "recognition" and "credit" warp them, creating an atmosphere of perpetual rivalry. I grew to find people greedy for credentials nauseating, repulsive, and untrustworthy.
~ Nassim Nicholas Taleb
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The interactions matter more than the nature of the units.
~ Nassim Nicholas Taleb
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dependability is a driver behind many transactions.
~ Nassim Nicholas Taleb
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The agency problem (or principal-agent problem) also manifests itself in the misalignment of interests in transactions: a vendor in a one-shot transaction does not have his interests aligned to yours—and so can hide stuff from you.
~ Nassim Nicholas Taleb
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Economics 2.0 apparently replaces the single-indirection layer of conventional money, and the multiple-indirection mappings of options trades, with some kind of insanely baroque object-relational framework based on the parameterized desires and subjective experiential values of the players, and as far as the cat is concerned, this makes all such transactions intrinsically untrustworthy.
~ Charles Stross
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La mayor parte del dinero proviene de las ventas más pequeñas».
~ Chris Anderson
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All forms of free boil down to variations of the same thing: shifting money around from product to product, person to person, between now and later, or into nonmonetary markets and back out again. Economists call these "cross-subsidies.
~ Chris Anderson
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How do you make money? Spinoffs, split-ups, liquidations, mergers and acquisitions.
~ Mario Gabelli
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financial transactions that produced both wealth and unpopularity.
~ Thomas Sowell
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financial transactions have displaced the production of goods or services as the source of private fortunes, distorting the value we place upon different kinds of economic activity.
~ Tony Judt
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FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.
~ Perianne Boring
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