I hope that the EU creates a digital currency system that is universal, and for privacy coins to become common. I don’t want to deal with American payment processors, because they want to prevent me from supporting the people who make my life better.
Payment should be a dumb pipe, allowing me and you to uphold the social contract.
The EU is investigating a digital euro, but you won’t be pleased to learn that one of the key reasons is to increase tracking and compliance. Meaning their stated goal is to be able to restrict how the currency is used, by who, when, and on what. The EU is the very last organisation to ever create and maintain an anonymous and agnostic currency. We have that already with monero.
One protest away from being banned from using currency, from purchasing or even getting paid. Why invest in military police when you can just mass ostracise dissenters with one click
Ability to pay for anything legal implies accountability. I doubt payment processors are creating these rules because they’re afraid of Jesus.
They just did the math and there’s probably a ton of disputes/chargebacks on certain content.
Should two consenting adults be able to pay each other for whatever the fuck - absolutely. But dumb pipe only sounds really good until you get scammed.
I hope that the EU creates a digital currency system that is universal, and for privacy coins to become common. I don’t want to deal with American payment processors, because they want to prevent me from supporting the people who make my life better.
Payment should be a dumb pipe, allowing me and you to uphold the social contract.
I hope too, but likely will be shut down by the US, for “unfair state meddling with the free market”.
The EU is investigating a digital euro, but you won’t be pleased to learn that one of the key reasons is to increase tracking and compliance. Meaning their stated goal is to be able to restrict how the currency is used, by who, when, and on what. The EU is the very last organisation to ever create and maintain an anonymous and agnostic currency. We have that already with monero.
One protest away from being banned from using currency, from purchasing or even getting paid. Why invest in military police when you can just mass ostracise dissenters with one click
Exactly. That level of control scares me.
Ability to pay for anything legal implies accountability. I doubt payment processors are creating these rules because they’re afraid of Jesus.
They just did the math and there’s probably a ton of disputes/chargebacks on certain content.
Should two consenting adults be able to pay each other for whatever the fuck - absolutely. But dumb pipe only sounds really good until you get scammed.
For starters, the biggest owners of both Visa and Mastercard are Mormons, so…