Thomas journals

One way in which other countries have leapfrogged the U.S. technology adoption curve is in the use of mobile phones to move money around.  For example, WeChat and AliPay are huge in China. Kids These Days now talk about Venmoing money to each other -- Venmo was a startup inspired by other countries' use of phones, then eventually the whole company was bought by Paypal so as to integrate the webservices with the mobile phoen services. Venmo tries to be a social network as well, flaunting (that is, sharing) information about your purchases and discussing them online...strange to me, but evidently rather popular.  Two other similar services are vying for popular attention in the U.S. now, with intriguing distinct characteristics: Zelle and Cashapp.  Zelle seems to represent an effort by the Big Banks to obviate the need for Venmo: Zelle is actually more efficient -- transferring immediately and directly from one bank account to another without need to expose any bank information --