• weremacaque@sh.itjust.works
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    1 day ago

    Stuff like this is going to make people mostly pay in cash and buy gift cards as needed. I already started buying most of my things in person anyway just to avoid paying for shipping. I’m seriously considering only buying steam games with gift cards I buy at the store and avoiding using my card as much as possible.

    • interdimensionalmeme@lemmy.ml
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      1 day ago

      Credit cards should be illegal they are tools of Molloch and everyone loses at least a little from their usage. Credit card payment charges should be itemized on the bill of any purchase and also rewards should be considered taxable income over 1000$/year

      • mojofrododojo@lemmy.world
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        14 hours ago

        they are tools of Molloch

        dafuq

        Credit card payment charges should be itemized on the bill of any purchase and also rewards should be considered taxable income over 1000$/year

        I feel like we came to the same conclusions for very different reasons…

        • interdimensionalmeme@lemmy.ml
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          5 hours ago

          molloch is the personnified logic of someone doing something selfish for their personnal gain, but when everyone does it, everybody loses. In this case the belief that one can churn rewards and come out on top with using a credit card but the result is that ALL prices are jacked by 3%, nullifying any apparent rewards, at best you can claw back a little bit of this corporate tax. But here’s the kicker, if you don’t have a credit card, the price is also jacked, because credit card company do not allow passing the fee to end customer. So non-credit card user, still pay the 3% tax, it just gets pocketed by the vendor. I cannot overstate how evil credit card company are. When I am Earth dictator, all credit card employees will spend time getting acquainted with a brick wall

          • mojofrododojo@lemmy.world
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            23 minutes ago

            molloch is the personnified logic of someone doing something selfish for their personnal gain, but when everyone does it, everybody loses

            uh huh. but why? why express it in biblical fluffery, when it’s faster (and clearer) to just say the greedy selfish bastards?

            When I am Earth dictator, all credit card employees will spend time getting acquainted with a brick wall

            if it means the greedies get shot before me I can accept this.

      • interdimensionalmeme@lemmy.ml
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        18 hours ago

        You do understand that since vendors are not allowed
        on risk of credit excommunication, pass the transaction fee to the vendor
        It forces the vendor to put that fee in the base price.
        Everyone pays the transaction fee
        But what if you pay debit ?
        you don’t even get cashback rewards
        but you STILL pay that increased price,
        On everything you buy
        everyone without a credit card still pays a 3% tax

        Credit cards are profoundly immoral