Haley
I am not a robot
I decided not to post this to the thread that inspired it, but for the love of MS people.
In general I do not like the idea of stwardship the way it seems to be used by some people to justify locking other people out of information. It is bogus and counterproductive and elitist in the worst way.
But I think there is a fundamental attitude some people have that causes harm to our hobby.
It is the greedy grabbers.
The people that ignore T&C (and tell other people to w/o mentioning that what they are doing is against the terms.
It is the assumption that something has a limited life, so why not drive it into the ground. So what if my actions cause this to accelerate.
It is the people who eat the marshmallow.
It is a fundimential failure to step back and try to learn about something before you decide it will be gone by next March.
Why might a product that seems unprofitable be offered?
What does market share mean in terms of profit?
How do prepaid cards make money?
Below is the post I pulled. I redacted the quote as it is not my intention to call out an individual or group of individuals.
More damage is done by the hit it hard, get in while you can and abuse the crap out of it attitude than leaking a CU name.
Buxx is 12 years old guys. Or is it even older? At least 12, anyhow.
Right now the prepaid industry is in an epic struggle for market share. It is the fastest growth segment with 35% year over year growth. Lack of profitability is not an indication that a product will die soon, it indicates an attempt to gain market share.
If this follows the Buxx path then there will be periods of review where people get shut down. Years from now some CU's will convert it to load only with internal accounts. Hint: first the CU needs a CC that is not just a white label card but truly their product/profits.
I'm not sure a conversation like this lends itself to a text based conversation. I really just needed to get it off my chest.
Anything anyone wants to rant about?
In general I do not like the idea of stwardship the way it seems to be used by some people to justify locking other people out of information. It is bogus and counterproductive and elitist in the worst way.
But I think there is a fundamental attitude some people have that causes harm to our hobby.
It is the greedy grabbers.
The people that ignore T&C (and tell other people to w/o mentioning that what they are doing is against the terms.
It is the assumption that something has a limited life, so why not drive it into the ground. So what if my actions cause this to accelerate.
It is the people who eat the marshmallow.
It is a fundimential failure to step back and try to learn about something before you decide it will be gone by next March.
Why might a product that seems unprofitable be offered?
What does market share mean in terms of profit?
How do prepaid cards make money?
Below is the post I pulled. I redacted the quote as it is not my intention to call out an individual or group of individuals.
More damage is done by the hit it hard, get in while you can and abuse the crap out of it attitude than leaking a CU name.
Buxx is 12 years old guys. Or is it even older? At least 12, anyhow.
Right now the prepaid industry is in an epic struggle for market share. It is the fastest growth segment with 35% year over year growth. Lack of profitability is not an indication that a product will die soon, it indicates an attempt to gain market share.
If this follows the Buxx path then there will be periods of review where people get shut down. Years from now some CU's will convert it to load only with internal accounts. Hint: first the CU needs a CC that is not just a white label card but truly their product/profits.
I'm not sure a conversation like this lends itself to a text based conversation. I really just needed to get it off my chest.
Anything anyone wants to rant about?