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That's a very reasonable concern, though given how central Visa and Mastercard are I suspect it is probably necessary to regulate their structures within the EU
by laurencerowe 5mo ago
That's a very reasonable concern, though given how central Visa and Mastercard are I suspect it is probably necessary to regulate their structures within the EU so that intra-EU payments are not reliant on non-sovereign infrastructure.
- markvdb 5mo agoRegulating US companies operating in the EU still leaves a kill switch in untrusted hands. It doesn't solve issues like the https://en.wikipedia.org/wiki/Nicolas_Guillou https://en.wikipedia.org/wiki/Nicolas_Guillou problem.