šŸŒŽ DOGE (Department of Government Efficiency) Reports of moving the USPS under the Dept. of Commerce

It Takes Eleven said:
Only if you mean that you use your fingers...
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Sarcasm? Yes, but you're disguising something here.

I get cash using either a Capital One, MoneyPass, or an Allpoint ATM. It's coming from my Cap One account most of the time: from a Money pass ATM most of the time as well. How is that not digital since it'snot their machine...and the money/cash started with another bank account (transfer money to CapOne for free ATM around the corner.)

All if it is digital, including punching in the amount, right? There's no cash or paper when that machine is looking at my account; only at the end.
 
TerryP said:
A good point in the cost to produce the nickel.

A few points that were lost on me:



IF this were true, how do we end up with pennies every time we pay cash for something?

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When paying cash - and you never provide a penny - you'd think it would be an equal mix of zero to four pennies in change; however, some places already have their tax-inclusive prices to hit on a quarter or dollar. It saves their people the time of making change and cuts down on the need for coins. Also, if it's a place you tip and you're paying cash, many times the coin change is part of the tip.
 
TerryP said:
Sarcasm? Yes, but you're disguising something here.

I get cash using either a Capital One, MoneyPass, or an Allpoint ATM. It's coming from my Cap One account most of the time: from a Money pass ATM most of the time as well. How is that not digital since it'snot their machine...and the money/cash started with another bank account (transfer money to CapOne for free ATM around the corner.)

All if it is digital, including punching in the amount, right? There's no cash or paper when that machine is looking at my account; only at the end.
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If your doctor tells you you're getting a digital exam, he won't be using a computer.

You can call it digital, but the term for ATM activity is electronic banking. If it is a foreign (someone else owns it) ATM, the transaction will settle electronically between the two banks, just as vast volumes of checks settle. Many of us have a drawer full of checks written to us on other banks that we've deposited using our phones. This "remote deposit capture" came about via a law called Check 21. Despite the volume of checks declining over 80 percent since they peaked in the early nineties, the volume of check fraud has vaulted, much of it due to remote deposits.
 
It Takes Eleven said:
When paying cash - and you never provide a penny - you'd think it would be an equal mix of zero to four pennies in change; however, some places already have their tax-inclusive prices to hit on a quarter or dollar. It saves their people the time of making change and cuts down on the need for coins. Also, if it's a place you tip and you're paying cash, many times the coin change is part of the tip.
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Yeah, well aware of that. We started doing that after the first few months of taxes when taking over NPG. I think you met Ralph at JR's ... he did the books in the AM and scraped change in month two. This was in '07.

I mentioned this a while back. Tax is 8 percent here: charge me .92 or $1.02. There' s no tax on food here. Screw the .99, just make it a buck. (That 8 percent leaves me with .02...argghh.)
 
It Takes Eleven said:
Taking physical possession of cash, from your ATM or a foreign ATM, is not a digital transaction. Moving money from account to account using your phone or PC is digital banking.
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That pretty well tells me everything I do is digital banking except taking the cash when "she" spits it out.

I bought some Diablo circular saw blades yesterday on Amazon. In a loose sense of the word(s,) digital transaction?
 
Damn. Left shaking my head on this little blurb from the NYP.

$1.5 million to ā€œobserve mailing and clerical operationsā€ at a mail facility
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I understand that to be one person watching people read and sort mail.
 
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