▲ | linotype 2 days ago | |||||||||||||
It pains me to say this, but this might actually be a valid use case for cryptocurrency. These companies are cowards. | ||||||||||||||
▲ | altairprime 2 days ago | parent | next [-] | |||||||||||||
The article linked by this post disagrees: > I’ve seen some comments floating around that suggest that the fix is to jettison Visa and MasterCard in favor of cryptocurrency. > I think this is fundamentally a losing strategy: It moves the burden and risk of being unbanked onto the developers and publishers rather than the platforms. Yes, it decentralizes (to a point), but each node has less resources to defend themselves in court when the oppressors change their tactics again. I believe it’s better to stand together than fragment. | ||||||||||||||
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▲ | CaptainFever 2 days ago | parent | prev | next [-] | |||||||||||||
This is literally the original use case for cryptocurrency. | ||||||||||||||
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▲ | recursivecaveat 2 days ago | parent | prev [-] | |||||||||||||
Honestly I think Visa/MC appreciate being nudged into this situation. Normalization of them as financial gatekeepers gives them a big favor that they can grant to governments by cutting the tap off to orgs/companies/people whenever. Its a direction that is convenient for them and a lot of the heat for the move gets passed on to some Australian non-profit instead of them. Hard for me to square their behavior unless they are quietly quite receptive. | ||||||||||||||
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