BNPL -- The Next Big Thing -- American Express -- June 19, 2022

The other day I wrote this:

Without question, to stay relevant, MC, Visa, Discover, et al will have to offer buy now pay later options. 

I'm glad I did not include American Express in that short list. LOL.

Yesterday, I just happened to see a commercial for American Express small business credit card with BNPL feature. Amazing.

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Amazon

I think this is the first time this has happened to me, and I've ordered a lot from Amazon over the years. If it's not the first time, I don't recall when it's happened before.

I ordered an Apple accessory on Friday and it was to be delivered Saturday. I got a note that the delivery will be delayed until either today, Sunday, or tomorrow. 

Only one of two things can explain this:

• one, the item was not immediately available; unlikely, as this was a very, very common Apple accessory;
• two, Amazon literally maxed out deliveries in the local area this weekend.

I think it was the latter. If accurate, speaks volumes about the shipping volumes Amazon is experiencing.

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Cryptocurrency

Trading cryptocurrency does not end at the end of the normal workweek. Trading continues into the weekend. BITC had a very, very bad day yesterday, Saturday.

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