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← Cards cannot be the last word in payments, because society keeps…

14 connected korrents · 12 moments on record from 20 Aug 2024 to 7 Sept 2026.

Everything filed under America America Everything filed under politics politics Everything filed under China China Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: Cards cannot be the last word in payments, because society keeps making things that do not fit the card business model. Cards cannot be the last word in payments,because society keeps making things thatdo not fit the card business model. Last stated a year ago 13 Aug 2025 PM Patrick McKenzie — holds since 2025-08-13 — tap for who they are Same subject: Having banked almost everyone does not entitle banks to a fee on every transaction in society. — tap to centre the map on it Having banked almost everyone doesnot entitle banks to a fee on everytransaction in society. Last stated a year ago 13 Aug 2025 PM Patrick McKenzie — holds since 2025-08-13 — tap for who they are Same subject: Americans are not, as a routine matter, cut off from the financial system for their politics. — tap to centre the map on it Americans are not, as a routinematter, cut off from the financialsystem for their politics. Last stated 2 years ago 9 Dec 2024 PM Patrick McKenzie — holds since 2024-12-09 — tap for who they are Same subject: The schleps of building a payments company were repaid, because no Stripe customer has ever turned out to be boring. — tap to centre the map on it The schleps of building a paymentscompany were repaid, because noStripe customer has ever turned outto be boring. Last stated a month ago 31 Jul 2026 PC Patrick Collison — holds since 2026-07-31 — tap for who they are Same subject: An idea is only validated when people take out their credit cards and pay for it; signing up proves nothing. — tap to centre the map on it An idea is only validated whenpeople take out their credit cardsand pay for it; signing up provesnothing. Last stated 2 years ago 20 Aug 2024 PL Pieter Levels — holds since 2024-08-20 — tap for who they are Same subject: People respond to how a price or message is framed, not just its underlying value, so communication needs to meet them at their level. — tap to centre the map on it People respond to how a price ormessage is framed, not just itsunderlying value, so communicationneeds to meet them at their level. Last stated 2 days ago 5 Sept 2026 ZM Zvi Mowshowitz — holds since 2026-09-05 — tap for who they are Same subject: A Chinese crewed landing on the Moon before America returns would be a defeat for the free world. — tap to centre the map on it A Chinese crewed landing on the Moonbefore America returns would be adefeat for the free world. Last stated 3 weeks ago 18 Aug 2026 CH Casey Handmer — holds since 2025-10-31 — tap for who they are EB Eric Berger — holds since 2026-08-18 — tap for who they are Same subject: A country cannot have radical technological breakthroughs and also refuse to tolerate uncomfortably rich people, because the financial system it resents is what funds the innovation. — tap to centre the map on it A country cannot have radicaltechnological breakthroughs and alsorefuse to tolerate uncomfortablyrich people, because the financialsystem it resents is what funds theinnovation. Last stated a year ago 13 Aug 2025 KJ Keyu Jin — holds since 2025-08-13 — tap for who they are Same subject: A country's large trade deficit in manufactured goods reduces its manufacturing employment below what it would be with balanced trade. — tap to centre the map on it A country's large trade deficit inmanufactured goods reduces itsmanufacturing employment below whatit would be with balanced trade. Last stated today 7 Sept 2026 PK Paul Krugman — holds since 2026-09-07 — tap for who they are Same subject: A country without cultural unity struggles to provide public goods, because its politics turns into an ethnic spoils system. — tap to centre the map on it A country without cultural unitystruggles to provide public goods,because its politics turns into anethnic spoils system. Last stated 5 months ago 9 Apr 2026 NS Noah Smith — holds since 2026-04-09 — tap for who they are Same subject: A whole class of product managers built a career on politics rather than on technical or customer skill, and that skill is now worth nothing. — tap to centre the map on it A whole class of product managersbuilt a career on politics ratherthan on technical or customer skill,and that skill is now worth nothing. Last stated a month ago 2 Aug 2026 TV Tom Verrilli — holds since 2026-08-02 — tap for who they are Same subject: AI that is merely excellent at research and hardware can transform the world completely without ever being good at politics. — tap to centre the map on it AI that is merely excellent atresearch and hardware can transformthe world completely without everbeing good at politics. Last stated 4 weeks ago 11 Aug 2026 RG Ryan Greenblatt — holds since 2026-08-11 — tap for who they are Same subject: A country cannot fund its own industrial strategy and call the same policy cheating when China does it. — tap to centre the map on it A country cannot fund its ownindustrial strategy and call thesame policy cheating when China doesit. Last stated a year ago 15 May 2025 HR Hannah Ritchie — holds since 2025-05-15 — tap for who they are Same subject: A few square miles at the Moon's south pole are the only lunar real estate that matters, and whoever gets there first sets the terms. — tap to centre the map on it A few square miles at the Moon'ssouth pole are the only lunar realestate that matters, and whoevergets there first sets the terms. Last stated 3 weeks ago 18 Aug 2026 EB Eric Berger — holds since 2026-08-18 — tap for who they are Same subject: A large, sustained AI capability lead by either the US or China could shift the global balance of power between them. — tap to centre the map on it A large, sustained AI capabilitylead by either the US or China couldshift the global balance of powerbetween them. Last stated 2 days ago 5 Sept 2026 NS Noah Smith — holds since 2026-09-05 — tap for who they are
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At the centre Cards cannot be the last word in payments, because society keeps making things that do not fit the card business model. Last stated 13 Aug 2025 · a year ago Holds Patrick McKenzie Read this korrent →