Payment processings are monopolies. More precisely, oligopolies. See how easily Mastercard and Visa drop PornHub payments after the news paper article. It's not

Payment processings are monopolies. More precisely, oligopolies. See how easily Mastercard and Visa drop PornHub payments after the news paper article. It's not a court order or even a trial. There is mainly zero way of doing business without fully government controlled banking entry-points. Yes, there are cryptocurrencies available, so if we can fully legalize it and promise that we don't touch anyone's private transactions (as well as businesses officially accepting crypto) - that would be an argument. For better understanding how bad it is: it's non trivial to even accept worldwide payments for small business/individual in the internet if you are, say, from Ukraine, Russia, China or lots of other countries not processed by stripe/paypal for some political or legal reasons. Apart from that, there is a "free" market of two payment processors in the internet and two card processors =)