3 ms·
Are you saying nobody should be regulating it?
by matt321 4y ago
Are you saying nobody should be regulating it?
- darawk 4y agoSomeone should. That someone should not be Visa and Mastercard.
- bell-cot 4y agoThe largest problem may be that doing the actual day-to-day work of regulation (vs. posturing, politicing, and passing poorly-written laws) is a [cough] pretty undesirable job.
- ohCh6zos 4y agoA de-facto outsourcing of regulatory enforcement could be less desirable than explicit regulation.
- mrmanner 4y agoIt could be, but it’s not necessarily so. It’s safer to circumvent Mastercard regulation than government, for better and worse.
- Scoundreller 4y agoI wonder if the US Supreme Court might revisit that too
- ChadNauseam 4y agoThat's not what I'm saying. I'd just rather it be regulated by our democratic institutions rather than by unaccountable payment providers.
- zakki 4y agoIsn’t the democracy happening now? The majority of people had chosen the institution that create a law that is followed by VISA and Mastercard.