I think BNPL is here to stay, yes it is booming but we are not...

I think BNPL is here to stay, yes it is booming but we are not in a bubble. The results said it all, record growth DURING the pandemic. It means the Millennials spend even more during COVID, they actually take advantage of the Gov support payment to finance their needs.

yes it is sad that your kids, our kids, our friends, your family members are spending for unnecessary needs instead of saving for the future, saving for a house,
or paying a long overdue house loan, car loans. Don't tell kids about saving for a long run or a rainy day, 8 out of 10 won't listen. I remember I first used Afterpay back in 2017,2018 on The Iconic (fashion app). Now if you ask would I pay for a Tommy Hilfiger Jacket for $200, hell no. But Afterpay was introduced, to give me the chance to buy it in 4 instalments, $50 fortnightly, it automatically sent a signal to my brain that I only need to spend less each week, then I can afford the $200 jacket. Why the hell not? And it is exactly what the Millennials are thinking! Just buy it now, i can slowly pay it off, you won't like seeing your bank have a tx -$200, but your mind agree to see it -$50 fortnightly!

BNPL is a Scam. It SCAM the consumers' brains you are better off paying it in 4 instalments, It scam your mind everything is affordable and It will take over credit card, it definitely will. A foot step to the US markets is gigantic, all the kids who work on a casual night shifts get paid $300/week now can afford a $200 jackets, a nice brand new $250 pair of Nike (Adidas), fu*k the future and buying house, i want these now and I will Buy now pay later.

I hold both APT and Z1P, and I wish all holders are well rewarded in future. BNPL to the moon