Visa and MasterCard are shaking in their boots and will scratch and bite on their way down to kill anything like this in the US.

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vitorbaptistaa a day ago | parent [-]

This has already started with Trump's tariffs: https://valorinternational.globo.com/foreign-affairs/news/20...

> While the system is not named directly, a document from the Office of the United States Trade Representative (USTR) says that “Brazil also appears to engage in a number of unfair practices with respect to electronic payment services, including but not limited to advantaging its government-developed electronic payment services.”

I'd be surprised if there aren't big tech/credit card companies lobbying behind this.

	▲	vitorgrs a day ago \| parent [-]
		Earlier this week, Brazil VP Geraldo Alckmin (who is also a Development, Industry, Trade and Services Minister) meet to talk about tariffs with several big tech executives and also a "big tech" lobbyist. Worth to point out that.... Visa was there. - Igor Luna, Legal Consultant of the Brazilian Digital Economy Chamber - Nuno Lopes Alves, General Director of Visa - Gustavo Lage Noman, Vice President of Government Affairs at Visa - Márcia Miya, Government Affairs Manager at Apple - Gustavo Dias, Head of Legal and Institutional Relations Latin America - Yana Dumaresq, Director of Public Policy at Meta - Daniel Arbix, Legal Director at Google Igor Luna were doing heavy lobby against social network regulation that happened.