On 2025-10-18 05:35:22 +0000, Willy Nilly said:

On Sat, 18 Oct 2025, Crash <nogood@dontbother.invalid> wrote:

On Sat, 18 Oct 2025, Your Name <YourName@YourISP.com> wrote:

Tell that to all the GrabOne customers who now have worthless vouchers,
especially as the company was still sending out "deal" emails the day
before the announcemt!! Just one of many many examples.

Those customers are the victims of their own misjudgment. Anyone
buying vouchers risks loosing the value of those vouchers if the
seller fails.

Must agree with this, vouchers are a losing game. I know someone who
had her Christmas vouchers stolen, all to save 10%. Also my club
cashed out a debenture of a failing business, just in time. Cash is
King, IOUs are knaves.

That was simply a most recent example. Obviously it isn't always
vouchers. When a business goes under, people can lose almost anything, including houses or wedding recption bookings, and never get their
deposit back.


--- PyGate Linux v1.0
* Origin: Dragon's Lair, PyGate NNTP<>Fido Gate (3:633/10)

On 2025-10-18 07:21:24 +0000, Your Name said:

On 2025-10-18 05:35:22 +0000, Willy Nilly said:

On Sat, 18 Oct 2025, Crash <nogood@dontbother.invalid> wrote:

On Sat, 18 Oct 2025, Your Name <YourName@YourISP.com> wrote:

Tell that to all the GrabOne customers who now have worthless vouchers, >>>> especially as the company was still sending out "deal" emails the day
before the announcemt!! Just one of many many examples.

Those customers are the victims of their own misjudgment. Anyone
buying vouchers risks loosing the value of those vouchers if the
seller fails.

Must agree with this, vouchers are a losing game. I know someone who
had her Christmas vouchers stolen, all to save 10%. Also my club
cashed out a debenture of a failing business, just in time. Cash is
King, IOUs are knaves.

That was simply a most recent example. Obviously it isn't always
vouchers. When a business goes under, people can lose almost anything, including houses or wedding recption bookings, and never get their
deposit back.

The business doesn't even have to go under. When one business buys
another, the products of one or the other are often 'discontinued', and sometimes also including no longer supported, leaving the customers who
bought it out of luck / in the lurch.

One example, of many, was Adobe buying up Macromedia. Adobe continually
said they would not end the either of the two web design packages
Macromedia Dreamweaver or Adobe Go Live. Of course, everyone knew that
was a lie (why would they make two), and not long after the buyout, Go
Live was indeed discontinued.




--- PyGate Linux v1.5
* Origin: Dragon's Lair, PyGate NNTP<>Fido Gate (3:633/10)