That's what I assumed as well. Buy Now Pay Later loans like this have a long history of being predatory. So I took a look at what it would cost to accept Klarna (as an example) as a merchant. The reality is that they have transaction fees that are very similar to credit cards. In other words, these companies do not need to rely on missed payments to make a profit.

These companies are apparently setting themselves up to replace traditional credit card payment systems, which suits me right down to the ground.

The difference is that it is much easier to get a Klarna account, and it isn't (yet) as widely available.

I felt the same way at first. Traditional BNPL schemes were very predatory. However, Klarna (and others) appear to be playing approximately the same game as the traditional credit card processors. They charge transaction fees that are roughly the same as credit card processors, and like credit cards their customers don't pay extra if they pay their bill on time. Klarna, in particular actually appears to give customers interest free time.

The difference, for consumers, is primarily that a Klarna account is much easier to get, and it isn't universally accepted. From a merchant perspective, depending on your payment provider, you might already be able to accept Klarna, and it appears that it mostly works like a credit card. It's even possible that charge backs are less of an issue, although it does appear that transaction fees are not given back in the case of a refund.

Personally, I am all for competition when it comes to payment networks. Visa and Mastercard are both devils. More competition for them is good for all of us.

Reddit is upset that Anthropic is taking a dubious approach to Redditâ(TM)s usersâ(TM) consent - when thatâ(TM)s Redditâ(TM)s job.

A site thatâ(TM)s switched its terms to grant itself the right to sell its usersâ(TM) content, blocked accounts for trying to delete their content⦠is upset that someone else is acting similarly dubiously.

By all means, Reddit, call it for what it is: You have something you think is valuable, others think is valuable, and you want to force them to pay you for it, not take it for free.

But donâ(TM)t pretend itâ(TM)s about user consent. Youâ(TM)re in NO way doing this to protect your users from exploitation, you just want to be sure youâ(TM)re the ones profiting from it.

"I don't think this extra billion is going to do much if he can't deliver HLS"
Elon not deliver on a technology he promised?! That would be crazy.

"If they have hearings with young men who have been alienated by Democrat policies and actions"

There were no goddamn policies that alienated young men. It's a lie and you're a liar.

Landing on Mars is the easy part, getting back off is the hard one, even with the lower-than-Earth gravity. China has a bit of an advantage in that the Chinese government is willing to risk astronaut lives a lot more than the US.

Fortunately he's incompetent and has already run Tesla into the ground. The company is basically living off schizoid incels buying the stock. SpaceX's success is largely based on the fact that they keep Musk away from actual management, but with Tesla a smoking ruin he's going to push his way into that and mess it up too.

I hire and if you have a college degree I don't care what high school you went to. Hell, I don't care that much which college you went to as long as you have good experience.

You are a really poor writer. I hope English isn't your native language.

"Yes, this launch was a TEST ... a word repeated multiple times throughout the SpaceX feed by the hosts."

And it failed.

"It's not only designed to be completely re-usable (a never-before achieved thing) but to be as rapidly re-usable as an airliner"

Then I guess it failed in that task, huh? Don't think they'll be reusing it anymore.

People on the internet constantly complain that companies have no loyalty and will fire you at the drop of a hat, and companies never fire anyone for poor performance, and I suspect it is the same people often saying this.

In SAN FRANCISCO. Pretty sure they could be making more money in the private sector there.

"Compared to poor students, teachers are indeed rich."

Which city is this post about again?

"once the employer sees where they graduated from"

You actually believe any employer cares about what HIGH SCHOOL someone graduates from?!?!