Once again, the super-science whiz kids at Dad Writes have discovered the hottest new innovation in tech, an advancement that will make AI look even more artificial and much less intelligent. We’ve only encountered this financial tool infrequently, so far, but we know it’s use is going to explode, so you’ll want to get in on the ground floor.
Simplifying the concept for everyone who can’t understand how crypto and NFTs work (Hint: They don’t.), lets’ just describe this new invention as a government-backed gift card that never expires, has no processing fees, and can be used in any store. Well, almost any store, but we’ll get to that part later.
Anyway, it’s called Consumer Accessible Secure Holdings, or CASH, and I cannot believe nobody thought of this sooner. Basically, it’s a nano-thin gift card that takes up much less space than a stiff plastic card, and you can fold it if you’re into origami. You can fit it into a wallet, under your mattress, or even into your penny loafers if you want to flaunt your wealth.
Better yet, you can access these CASH cards without having to download an app, and you always know the balance, because it’s visible on the card at all times. If you only want to redeem part of the value of the card, no worries. You can get other cards and tokens that have their value visible on them, as well.
No more embarrassment when you go to a store with the wrong gift card, or your plastic mystery card isn’t worth enough to buy what you want. With the CASH-based card, you don’t need Samuel L. Jackson to tell you what’s in your wallet.
And it gets even better for both buyers and sellers. With CASH, there’s no interest on your credit card bills at the end of the month because, voila, no credit card bill. And the store owner benefits, too, because there are no processing fees when people pay with CASH.
Still, as with every new technology, there are a few bugs to be worked out. Some retailers haven’t updated their systems to accept CASH, relying on the old-fashioned system of tapping credit cards and demanding 30% tips for handing us a Twinkie. Converting to CASH will make their lives so much easier, but they need to get with the times first and many are still resistant.
CASH is also in short supply, apparently, because banks will require that consumers fill out all kinds of forms if they want to obtain more than $10,000 in CASH in any single transaction. It’s a bit of a headache, but obtaining multiple supplies at $9,999 should absolutely solve that problem.
Finally, it can be a challenge to record all the transactions when businesses use CASH. With credit cards, computers keep the tally, but businesses that deal in CASH might forget to include some of their sales when they report results to the Internal Revenue Service. From what I’ve heard, though, business owners who deal only in CASH say that has not been a problem and they have reported all their transactions without fail.
Once you start using CASH, you'll be a fan for life. I can't imagine any technology supplanting this incredible system any time soon, or ever.
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Who writes this stuff?
Dadwrites oozes from the warped mind of Michael Rosenbaum, an award-winning author who spends most of his time these days as a start-up business mentor, book coach, photographer and, mostly, a grandfather. All views are his alone, largely due to the fact that he can’t find anyone who agrees with him.