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paulg's profile
Paul Graham
Paul Graham
Paul Graham
Verified account
@paulg

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Paul GrahamVerified account

@paulg

paulgraham.com
Joined August 2010

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    1. Paul Graham‏Verified account @paulg 25 Nov 2016

      Imagine a stored-value card so thin it could be folded, and that could be accepted with zero hardware. The catch: the value is fixed.

      40 replies 70 retweets 275 likes
      Paul Graham‏Verified account @paulg 25 Nov 2016

      So it has to be surrendered on the first use. You can however get similar cards with smaller fixed values in return.

      5:27 AM - 25 Nov 2016
      • 17 Retweets
      • 76 Likes
      • Lizzie Chapman Aaron Hamer Colin Coulthard Soumendra Daas Manas Kaushik K Ohell Wreckham 🐉 Magnus Hult meriem 42
      20 replies 17 retweets 76 likes
        1. James Benamor‏ @JamesBenamor 25 Nov 2016
          Replying to @paulg

          terrible idea. If you launched a startup doing that it would get regulated to death. Imagine the implications for criminals to use it.

          0 replies 1 retweet 12 likes
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        1. Anthony Beckman‏ @AntBeckman 25 Nov 2016
          Replying to @paulg

          like cash?

          0 replies 1 retweet 5 likes
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        1. Dennis Doughty‏ @DennisDoughty 25 Nov 2016
          Replying to @paulg

          they'd all soon get tainted with cocaine.

          0 replies 1 retweet 4 likes
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        1. Mike Kelly‏ @mikekelly85 25 Nov 2016
          Replying to @paulg

          amazing so few people realised this was satire.

          0 replies 0 retweets 7 likes
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        1. Josh Crews‏ @joshcrews 25 Nov 2016
          Replying to @paulg

          ... cash?

          0 replies 0 retweets 4 likes
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        1. Rob Tregaskes  📦‏ @robtregaskes 25 Nov 2016
          Replying to @paulg

          trivially easy. The difficult part is making an effortless way of tracking the use of these cards for later spending analysis.

          0 replies 0 retweets 2 likes
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        1. Himanshu Agrawal‏ @grawlee 27 Nov 2016
          Replying to @paulg

          how's it different from bank notes ?

          0 replies 0 retweets 0 likes
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        1. Paul Proctor‏ @pproctor70 25 Nov 2016
          Replying to @paulg

          are you sure you aren't describing a dollar bill? 😂

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. Pedro Furlanetto‏ @pedrofurla 25 Nov 2016
          Replying to @paulg

          @nuttycom can we make these out of money?

          1 reply 0 retweets 0 likes
        3. Kris Nuttycombe‏ @nuttycom 25 Nov 2016
          Replying to @pedrofurla @paulg

          I thought it was a pretty good joke!

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. Jeff Rodenburg‏ @jroseattle 25 Nov 2016
          Replying to @paulg

          ah so possession is key!

          0 replies 0 retweets 0 likes
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        1. EZE, Gabriel‏ @chuqdennis 25 Nov 2016
          Replying to @paulg

          cash (definitely)

          0 replies 0 retweets 0 likes
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        1. Bob Bouthillier‏ @BobBouthillier 25 Nov 2016
          Replying to @paulg

          Blockchain and Smartcard tech can do this today at a very very low cost

          0 replies 0 retweets 0 likes
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        1. mzungu‏ @GgReErGg 25 Nov 2016
          Replying to @paulg

          isn't it a bank note? just not issued by a central bank?

          0 replies 0 retweets 0 likes
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        1. Eklavya‏ @pii_ke 25 Nov 2016
          Replying to @paulg

          I must have missed some critical difference. This looks like a fact from long forgotten history told to amuse people in Galactic Era.

          0 replies 0 retweets 0 likes
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        1. jon leslie‏ @jonwesleyhardng 25 Nov 2016
          Replying to @paulg

          Cash Rules Many things Around Me

          0 replies 0 retweets 0 likes
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        1. Percy Patel‏ @Sherrodzilla 25 Nov 2016
          Replying to @paulg

          So... dollar bills?

          0 replies 0 retweets 0 likes
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        1. Nicolás Boullosa‏ @faircompanies 25 Nov 2016
          Replying to @paulg

          Please review the abandonment of the patron gold in modern nation-states. Napoleon did it for some reason: global hiccups. Familiar?

          0 replies 0 retweets 0 likes
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        1. K‏ @rehack20 25 Nov 2016
          Replying to @paulg

          This could be a digital cash, which succeeds!

          0 replies 0 retweets 0 likes
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