Hacker News new | ask | show | jobs
by TheSoftwareGuy 4107 days ago
I mean, in reality, we are just back where we started. cash & checkbooks used to do this very well, until people needed online payments.
3 comments

Not really. Cash and checkbooks require you pulling out a some form of tender, divvying out the correct amount or writing the amount out, and then handing the tender to the cashier.

Now, using Uber as an example, I request a car, get into the car, and leave the car. You never even need to open the app back up after requesting a car.

How are we back where we started? If I need to send my friend a payment and they are not in the same room with me, I couldn't do it with cash or checkbooks. Now I could send a friend money in about 5 clicks on my phone.
Cash is nearly useless for payments between friends becase everyone only ever has $20s, if they have cash at all.