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In theory maybe, but I don’t think you’d find a politician willing to risk their reputation to pull the plug on Visa. Not only would it be a major blow to the
by elliekelly 7y ago
In theory maybe, but I don’t think you’d find a politician willing to risk their reputation to pull the plug on Visa. Not only would it be a major blow to the economy but it would be a giant pain in the ass for their constituents. When’s the last time you went into a bank to take out cash? When’s the last time you had cash in your wallet at all?
Visa wouldn’t be the biggest loser in that scenario, the politicians/regulators would.