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Sure, Visa and Mastercard are similar enough their interests could align to collude. Why would a non-profit or NGO or university (several are already in the Li
by carlosdp 7y ago
Sure, Visa and Mastercard are similar enough their interests could align to collude.
Why would a non-profit or NGO or university (several are already in the Libra Association) stay silent? Where do their interests align with Visa and Mastercard?
- mbesto 7y ago> Why would a non-profit or NGO or university (several are already in the Libra Association) stay silent? Because they don't have equal say perhaps? Or more realistically, because staying silent would politically benefit their institutions.
- pvg 7y agoWhy would a Wookie live on Endor? I'm just saying, you are presenting the definition of collusion as a reassuring check against collusion. This is not a strong argument.
- carlosdp 7y agoNeither is an argument that despite all of the ways to detect collusion against the ledger, they will somehow still collude, just cause. I'm offering several mechanisms built into the proposal, in law and in math, that work against collusion, in addition to market dynamics.
- pvg 7y agoRight but I didn't say that. You said they wouldn't collude because they compete. If that were true, we wouldn't need the law part.
- tptacek 7y agoWookiee.