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functionmouse 2 days ago

VISA is the government

Frieren 2 days ago | parent | next [-]

When inequality is high capital is the government.

micromacrofoot 2 days ago | parent | prev | next [-]

actually if they were it would be easier to argue it's a violation of free speech, but since they're not they can censor with much less restriction

tbh there's a case to be made that the government should run a payment processor as critical infrastructure

coldacid 2 days ago | parent | next [-]

The way governments these days use corporations and NGOs to work around constitutional restrictions, I'm sure they're pretty happy leaving the payment processors as-is.

iamnothere 2 days ago | parent [-]

They actually just got slapped for doing this. This was in the area of speech but hopefully it’s the start of a larger trend. https://foundationforfreedomonline.com/us-government-concede...

bcrosby95 2 days ago | parent [-]

Lol, let me know when a federal administration admits wrongdoing against speech it dislikes. In the meantime this is no different than one side saying "we tax the rich too much" and the other side saying "we don't tax the rich enough."

marcosdumay 2 days ago | parent | prev [-]

If they can make laws and people are subject to those laws, then they are government.

I only disagree with the "the" on the GP, they are para-governamental.

micromacrofoot 2 days ago | parent [-]

it's not a law though, it's a choice of who to do business with

marcosdumay 2 days ago | parent [-]

Eh... Go read the article again, or just the title.

micromacrofoot 2 days ago | parent [-]

no need, these are two businesses making business decisions... specifically not being government allows them to do this

advisedwang 2 days ago | parent | prev [-]

What does this even mean? VISA is literally a publicly traded company. Compared to banks it barely even regulated.

tavavex 2 days ago | parent [-]

Really? I thought the subtext is as obvious as it could've been. The point they're making is that a duopoly that controls the flow of money itself deciding to ban a whole market segment for ideological or profit reasons is no different from a government making that thing actually illegal, in terms of the effect it has on businesses and people.