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Given that much of this apparently comes down to the likes of Visa and Mastercard, perhaps these types of companies need breaking up or regulating. Maybe also l
by CM30 8y ago
Given that much of this apparently comes down to the likes of Visa and Mastercard, perhaps these types of companies need breaking up or regulating. Maybe also large enough payment processors like PayPal.
- tracker1 8y agoI'm not sure that they realistically can be broken up. I mean, a government based one could be created, but there's the matter of interoperation between countries. I think that keeping them out of ethics/censorship in terms of what they'll process payments for would be where to start. That should include transparency in terms of when government actors ask them to blacklist someone. They're in a potentially tough position, however they have an unfair level of power. I'm not sure how they could reasonably be broken up.