The Adam of all cryptocurrencies was invented more than a decade ago. Since the start of the internet and Jeff Bezos's glorious idea to start Amazon.com — lucky for us, not as Cadabra, which sounds like Cadaver — payment was a huge issue, especially fraud.
In the 1950s, credit cards were invented to solve the problem of carrying money bags with you. The first one was the Diners Card, which I still am a customer of today.
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It allowed the merchant to copy the credit card information quickly on paper and hand a copy to the customer to countersign it. Its most recognizable characteristic was this swish pop sound.
Before the invention of this funny machine completing the payment process was handwritten paperwork, which just was a long process. I remember customers waiting in the line complaining, “Oh no, another one with a credit card. Now we have to wait much, much longer.” And it was true, the merchant had to get the papers out, write everything down in a readable format, check the identity of the customer and the signature, and this was time-consuming. Payment with cash compared to that was a quick and easy process—so much room for improvement for smart entrepreneurs. | Winning entries could not be determined in this language pair.There was 1 entry submitted in this pair during the submission phase. Not enough entries were submitted for this pair to advance to the finals round, and it was therefore not possible to determine a winner.
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Začetnik svih kripto-valuta izmišljen je pre više od jedne decenije. Od početka interneta i sjajne ideje Džefa Bezosa da pokrene Amazon.com - srećom po nas, ne kao softver Cadabra, što zvuči kao magična reč za smrt - plaćanje je bio ogroman problem, a naročito prevara. 50-ih godina prošlog veka izmišljene su kreditne kartice da bi se rešio problem nošenja torbi punih novca. Prva takva kartica je bila Diners, čiji sam korisnik i dan danas. [...] Prodavac je mogao brzo da iskopira informacije s kreditne kartice na papir i da jedan primerak pruži kupcu na potpis. Najprepoznatljivija karakteristika je bio fijuk koji bi se tom prilikom čuo. Pre nego što je izmišljena ova zabavna mašina, da bi se obavilo ovakvo plaćanje, trebalo je ručno ispuniti gomilu papira, i to je trajalo dugo. Sećam se da su kupci stajali u redu i kukali: "O, bože, još jedan s kreditnom karticom. Sad moramo još duže da čekamo!". To je i bilo tačno, prodavac je morao da izvadi papire, sve čitko ispiše, proveri identitet i potpis kupca i sve je to iziskivalo mnogo vremena. U poređenju s tim je plaćanje gotovinom bio brz i jednostavan proces - i upravo tu su pametni preduzetnici videli prostor za poboljšanje. | Entry #33929 — Discuss 0 — Variant: Not specifiednone
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