The great cash vs card debate
When it comes to cash, I believe it should remain the primary currency of the future, along with barter. Charles is of a different mind. You’ll have to listen to the first segment of this week’s program to hear his take, and my knock-out rebuttal (exaggerating for sport).
Charles and I would be interested in hearing whether you’re a cash, credit, or crypto kinda person, and why you make that choice. Contact me at ed@fallonforum.com.
Bottom line for me, I don’t want a big bank taking a cut out of my purchase. Case in point: I recently sold an audio version of my book, Marcher, Walker, Pilgrim, for $10 using Stripe and Payhip (alas, as far as I know, there’s no option to independently market an audiobook). Stripe, owned by billionaires John and Patrick Collison, and Payhip took a cut of over 10%, leaving Climate March, the book’s owner, with $8.91. Continue Reading →