You just failed the test…
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Prior to March 23rd I would have used my card for c. 25 transactions every week. I’ve used it 12 times since. I don’t think I’m extreme case either.
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Mine is sitting in a savings pot, stocks and shares ISAs, some Crypto and Freetrade. In ‘normal times’ I would be watching the left to spend number like a hawk.
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I don’t think I’ve ever made that many transactions in a week!
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I’ve gone from about 50 transactions a month to 25ish.
To be fair it’s probably closer to 20 as I’ve just realised I counted TFL as 2 per day when should have been 1.
But it’s still not especially unusual in the City. If you use your card to travel to work, buy a coffee and get lunch you’re onto 15 before you’ve bought anything useful.
A community account isn’t mandatory, so if you go out of your way to create one and contribute does that not make everyone a fanboy?
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Both, as interchange is so low in the U.K./EEA the volume of transactions is needed to make profit.
As was mentioned in the Wired interview, the money is made on interchange in the US and the rest of the world
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Personally I think Monzo is fine. Monzo would be bought if in danger so I don’t have worries for the account itself. My shares would be a loss at that point though. The major investors have also just sunk more money into the business so it has a sound business case.
What I see is that probably in exchange for that funding the investors got a better price and wanted the quickest route to profitability so made Monzo agree to adjustments to staffing and structure to accommodate that target.
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yeah this is a pretty shitty move.
Devastated for all Monzo colleagues right now - Whats happened to the magic Monzo?
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So what she’s saying, is because she looks after diversity, she should be immune from redundancy?
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https://www.businessinsider.com/monzo-layoffs-fundraising-organization-changes-amid-covid-pandemic-2020-6 interesting
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no. that’s clearly not what they’re saying at all.
what an odd thing to say.
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Not sure it is that odd really
She doesn’t appear to be on a hearts and minds trip with that re-tweet
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what part of “it’s not something you do as an add-on” did you two not understand?
it’s not an optional extra you can “streamline” away.
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It is “optional” though
that’s not how mmt works. please, it’s 2020, can we lose this outmoded economical baggage and stop misleading people?
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