Damus
Alan ₿ profile picture
Alan ₿
@alanbwt
The problem with allowing nons to finance a burrito bowl is they lack the intellect to know it’s a bad financial decision. And by the time they’ve realized it, they’re buried so deep in debt that they can never climb out of it.

This is usury. And usury is a sin.
51❤️2🤙21
⚡️DEFAUXKING⚡️ · 50w
Very good point made here!
Alan ₿ · 50w
Even to understand the concept of compounding interest requires an IQ of at least 90. About one quarter of Americans have an IQ lower than this, yet that is the precise quartile that ends up financing their burrito bowls.
MuyMaestro · 50w
Great point In a way financial inclusion is just another way of dragnet fishing
Jon · 50w
Next up, Klarna signs a deal with Ozempic makers