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This is a bad move by the US. In the short term it creates political impact, but in the long term it merely cements a multilateral world as we all have to imple
by contingencies 6y ago
This is a bad move by the US. In the short term it creates political impact, but in the long term it merely cements a multilateral world as we all have to implement multiple payment systems to reach disparate markets. The key beneficiary of that is China. With Alibaba now getting squashed by both the Chinese and US governments, I guess Bezos will think twice before stepping in to consumer payments.
- suyash 6y agoIt's a good move, try using any of the US payment providers in China, forget app based services, can't even take money out of ATM there with Visa debit card