Why do we need Uber in the first place? Where I live, there is an app that directly connects drivers to riders who pay cash, and nobody takes 30% fee fro mdriver's wages.
I never have cash on me and I'm not the only one. Thus that service would be useless for me and for everyone I know.
Where I'm from, it's the law that cabs should accept credit and debit, not only does it reduce tax fraud, but it also allow people like me to pay. Transaction fees are not that expensive, but believe me, companies that provide it to cabs drivers, does charge much more for it. Still it's less than 30%.
Again where I'm from, dispatcher does charge the drivers, and from what I read, it was not too far from 30% (which makes sense, they have to account for advertising, wage for dispatch by phone, and since Uber, for the development of a badly made app).
I'm sure 99% percent of drivers will choose 30% more money vs "avoiding risky cash". And they have an option of direct money transfer through mobile phone too.
As a passenger, to me cash is far more convenient, as it preserves my privacy and nobody can overcharge me.
The bill is usually 20-30% lower than Uber.
If taxpayer dollars subsidize Amazon, and Amazon then offers things that are very valuable to those same taxpayers, they shouldn't feel guilty about buying them. Those artificially low prices are because of their tax dollars, after all.
Uber's cost per ride is exactly zero. So they WILL make more per ride. Of course, there will be fewer rides, as more people will choose car or public transportation. They will probably lose overall.
That site looks like a collection of copy-pasted standard "investment wisdom" articles. The word "petrodollar" used in this particular article strongly suggests a propaganda operation, similar to RT or ZeroHedge.
On the contrary, I found this to be anything but a robo-investment column, and this article was the first time I’d seen a rational explanation of the origin and history of the term “petrodollar”, whereas I had only seen it used as a pejorative in the past.
Still works for me ... they just switched payment model from pay one time and enjoy forever to pay every year. Should have allowed old users to enjoy forever IMO ...
I remember long ago there was a service called Napster, that could distribute pirated songs "peer-to-peer". I wonder if it could be used again instead of the "platforms", because Napster network wasn't owned by anyone and nobody profited from it, so there is nobody to sue here.
