Yeah, as I was reading this I was thinking it was weird for the article to have this brief aside that basically goes “and here is a vastly more preferable option with fewer middlemen involved”.
Yeah, as I was reading this I was thinking it was weird for the article to have this brief aside that basically goes “and here is a vastly more preferable option with fewer middlemen involved”.
The challenge is getting there. The current solution doesn't directly contest the various national banking systems or private financial companies, which is why they're able to get it up and...
The challenge is getting there. The current solution doesn't directly contest the various national banking systems or private financial companies, which is why they're able to get it up and working. For the moment, EU independence from American financial systems seems more important to them than stripping out the EU specific middlemen.
That’s a great idea for the Europeans! This article focuses on the European gripes about data privacy (real problem to be sure), but they don’t mention the fact that Visa/Mastercard fees are a...
That’s a great idea for the Europeans! This article focuses on the European gripes about data privacy (real problem to be sure), but they don’t mention the fact that Visa/Mastercard fees are a leech on the economy! Removing those fees can make sure the whole economy is more efficient.
Visa fees are basically a tax on every transaction.
Can't wait for the digital euro too, it makes so much sense.
Yeah, as I was reading this I was thinking it was weird for the article to have this brief aside that basically goes “and here is a vastly more preferable option with fewer middlemen involved”.
The challenge is getting there. The current solution doesn't directly contest the various national banking systems or private financial companies, which is why they're able to get it up and working. For the moment, EU independence from American financial systems seems more important to them than stripping out the EU specific middlemen.
That’s a great idea for the Europeans! This article focuses on the European gripes about data privacy (real problem to be sure), but they don’t mention the fact that Visa/Mastercard fees are a leech on the economy! Removing those fees can make sure the whole economy is more efficient.
Visa fees are basically a tax on every transaction.