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If there was ever an argument for the need of cryptocurrency, it is this. Dethrone the payment processors or they get to decide what is and is not allowed to b
by lrvick 1y ago
If there was ever an argument for the need of cryptocurrency, it is this.
Dethrone the payment processors or they get to decide what is and is not allowed to be sold.
- Hamuko 1y agoSeems like this could be easily solved with legislation without having to invent new currencies. Just make it a law that payment processors are not allowed to discriminate between legitimate goods and services. If the government thinks that sugary water or porn magazines are fine to buy and sell, why should MasterCard have anything to say about it? Payment processors are basically natural monopolies, so they should be able to be regulated.
- donatj 1y agoIf the last decade is proof of anything, legislation is far too fluid to be a reliable source of any sort of protection for anything. We need real protections, that don't and can't change with the winds of political power.