> The Visa model would be a useful model for Internet governance I disagree on that. The Visa model works because at every single turn there is a clear, shared

> The Visa model would be a useful model for Internet governance I disagree on that. The Visa model works because at every single turn there is a clear, shared understanding of what the single purpose of the whole thing is: Process payments. The same is emphatically not true for the internet, just look at net neutrality. That's a pretty simple but very fundamental concept, and there's nowhere near consensus on the matter. Or even without considering NN, the fact that Netflix and Skype are eating the lunches of the very companies that own and operate most of the consumer internet (telcos and cable cos). It's hard to imagine a similar conflict at Visa, yet the internet's history is riddled with them, and the fallout from their incomplete resolutions. Incidentally, this clarity is also why Visa would probably be fundamentally ill-suited to deal with an existential threat, e.g. of the sort some people imagine bitcoin to be.