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Visa Could Ruin the Internet (www.youtube.com)
submitted 5 months ago by to c/aboringdystopia@lemmy.world
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Cross posted from https://lemmy.zip/post/65355368

What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?

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[–] 13 points 5 months ago (1 child)

I mean, the gap will be filled with something not Visa/Mastercard if they keep it up.

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  • [–] 16 points 5 months ago

    Many countries are already implementing independent payment systems. What's missing is international payments that could be simple, but most of these national systems don't allow interoperability yet. I really hope they tackle this soon.

    That and reserving money like for car rental and other deposits. Shouldn't require a credit card. A bank or payment provider could implement this transparently.

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