credit card

“China basically skipped over the PC and the credit card era.”

“If you look at most people between 20 and 30 years old, They have a debit card, not a credit card, but the point there is that they are known as thin file customers.”

“One of the things that happens for a brand new launched credit card Done right, you lose about 50% of the dollar volume in the first several months, which is terrifying because it's half the money, literally.”

“As more people come online in more countries, as you know, things are heterogenizing where, you know, now you have a Chinese market available to you, but everyone's on WeChat Pay and Alipay rather than credit cards.”

“So we will put YubiKey functionality into credit cards, and it's basically because it's a small chip. It's basically like a chip, and the software on the chip, it's not big. You know, that can be integrated into a lot of different things. We will see it in the…”

“You couldn't do this with a credit card or something like this. It just wouldn't, it wouldn't work operationally. It wouldn't work financially. This is a new thing that didn't exist until recently.”

“And they can get credit cards. You have to be a human being to get a credit card. So the only way they can make money, spend money is with crypto.”

“This notion of sort of the best user interface ever created is the credit card. This may actually be finally up for renegotiation because agents are in fact smarter than pieces of plastic and even pieces of plastic with rewritable chips.”