I was curious about domains and looked for something. The domain was available, but it cost over $1,000,000
What would happen if I clicked “add to cart” and tried to buy it if…
- I couldn’t afford it
- I could afford it
Does someone reach out since it’s a big sale? How do they confirm I have the money? Who does the money go to?
Assuming I don’t have the money, at what point would I get blocked? I assume they don’t just process giant purchases the same way as $10 ones
If you click add to cart, then purchase, but you only have $5 in your bank account, then your bank account will be overdrawn $999,995 and congratulations, you’re the broke-ass new owner of a million dollar domain, now you better pick up some side hustles to dig yourself out of crippling debt.
Is there any bank in the world that is stupid enough to allow someone to overdraw their account by $1M without prior arrangement?
Yes, I would like to know this too…
…for a friend… 😅
Yes…I have some purchases I would like to make.
I am definitely good to pay you back and will not declare bankruptcy. Promise.
“I left my wallet at home.” 😅
Every time I hear about banks allowing overdraws, it’s from Americans. If true, then it’s yet another thing that America do to fuck it’s citizens and that the rest of the world has already figured it out.
Yep. I don’t think overdrawing accounts has been possible in my country (Aus) for at least 30 years.
That’s not how it works at all.
There’s a hold period where validation happens.
Aw, that’s no fun.
After they validate that you are real and only have $5, you’ll be over drafted and own the website.