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#X (#Twitter) will start charging new users in New Zealand and the Philippines $1 per year
(news.retiolus.net)
This is a most excellent place for technology news and articles.
Rounding, let's say that there are 125 million people in the Philippines and New Zealand. And let's say that for some reason they all decide to make a new Twitter account and pay for it in perpetuity. Elon paid $44 billion for Twitter. At this rate, this move would allow him to recoup his investment in...352 years.
Nice.. I love math presented like this.
He doesn't get the whole dollar.
CC often have a %+$ fee
E.g 2.5% and 10c per transaction