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A handful of US companies take a cut from nearly every payment on the planet, and now they’re caving to pressure from Twitter mobs and puritan lobbies, censorin
by hsuduebc2 1y ago
A handful of US companies take a cut from nearly every payment on the planet, and now they’re caving to pressure from Twitter mobs and puritan lobbies, censoring global content just to avoid upsetting shareholders.
Visa and Mastercard haven’t brought anything new in years. Their infrastructure still dominates out of habit, not merit. Meanwhile, alternatives like stablecoins and European systems like EPI or the digital euro are gaining ground.
Their boldness is honestly surprising, especially now that real competition is finally emerging.