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Visa telling you the generalized process. Starting to suspect that the vilified CBDC model is no longer necessary as they want to just wizard of oz it behind the digital identity platform (think Altman's WorldCoin ID). Affix tokens to eID.
(media.scored.co)
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1 month ago
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pkvi_starlink
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ScallionPancake
on scored.co
1 month ago
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That’s not how credit card works, have you never owned one before?
You’re not responsible for fraudulent charges, and no money is taken out of your account… you just owe them later.
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jayreed
on scored.co
1 month ago
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Checking account numbers kinda do work that way though.
Regardless crypto transactions work in the opposite manner without centralized servers.
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ScallionPancake
on scored.co
1 month ago
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It’s true, which is why the first thing you do is freeze your debit card and never unfreeze it.
Secondarily put all your money in a savings account, because external withdrawals cannot happen against one of those.
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WeedleTLiar
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1 month ago
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I just use the account to cash cheques.
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You’re not responsible for fraudulent charges, and no money is taken out of your account… you just owe them later.
Regardless crypto transactions work in the opposite manner without centralized servers.
Secondarily put all your money in a savings account, because external withdrawals cannot happen against one of those.