12th March 2018

Forbidden to gamble

posted in economy |

When the bank that administers your credit card forbids using it to purchase bitcoins, there’s been a collision of commerce. After all, is using your credit card for anything a good idea. At least with bitcoins, you might become rich. Buying more sneakers from Amazon: not so much.

I joke, a little. I don’t buy shoes or cryptocurrencies, so the bank doesn’t really care about my spending habits (as long as I make that minimum monthly payment). Do the math and you, the consumer, cannot win. You know about gambling?

Doesn’t matter. I’ve got my impulse spending under control. I only buy things I can hold and store away. Bitcoins, despite the name, are nothing more than a promise of payment held by someone you’ll never meet. Just like the banks…

Somewhere in the world, an individual has won an obscene amount of money in a state lottery and received permission to remain anonymous. Makes sense: the alternative would be to publish the names of everyone that purchased a ticket to a dream.  Just printing the list would keep our paper mills solvent. I don’t care that someone in the wilds of NH (or wherever) can afford to buy their own paper mill.

After a quick tour of my spice cupboard, I now realize that we have what seems like an unlimited supply of “spicy”. Sweet and sour are out of favour. Salt? Despite my belief that it is THE fundamental spice, I am not in control. For someone that used to salt his pizza, I’m reformed (I guess).


This entry was posted on Monday, March 12th, 2018 at 18:57 and is filed under economy. You can follow any responses to this entry through the RSS 2.0 feed. | 255 words. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

You must be logged in to post a comment.

  • Archives

  • Categories

One Laptop Per Child wiki Local Weather

Bliain na Gaeilge 2018

PHP Example Visiting from