Financial networks either need "network neutrality" rules or maybe that monopoly needs to get broken up
post
Remember when Visa and Mastercard made a big deal defending the right to buy guns on their platform? https://finance.yahoo.com/news/visa-won-t-block-gun-180848343.html
Does a change.org petition with 100k signatures really count as "under fire"? Fuck them, but I doubt this will do anything sadly
Psychologically speaking there are now upwards of 100k people who all agree on this issue and at least some of them could potentially be mobilized in additional ways now that they know they're far from alone on how they feel.
Goodness knows that if I were told there were something I could do as part of this cohort that individually might be ineffectual but would be a death by several dozen thousand cuts for the scumbags pulling this horseshit... I'd act on it.
100,000 people who are still essentially required to use their services for most commerce and will continue to do so.
So many vendors won't take Amex or Discover due to their higher processing fees you can't really even boycott them effectively.
The members of Collective Shout are in exactly the same position. So why did the payment processors listen to them?
The fact that this whole issue even occurred is proof that public pressure, when applied smartly, does in fact work.
yes, can't boycott. MAYBE can do other things. Hell, if I heard that people were doing something mildly illegal en masse to fuck things up for Visa and MasterCard, I might actually consider doing it myself as well. MIGHT.
or something totally legal that isn't a boycott like showing up at their headquarters in a crowd of thousands. |
SOME people might cross the line into illegality by molotovs or other such 'implements'.
I'm honestly curious: Are you one of the people who doesn't understand how the number can be represenative how the wider populace feels? Or are you one of those who are just trying to downplay the whole thing?
This happened in the first place because Collective Shout turned up and said "A bunch of people are pissed off about this, so something about it." They're not a government or a major corporation, they're just a group that represents people, no different than Change.org. If a petition caused this, why can't a petition stop it?
Att first i thought it was just PayPal. Not great but ok. Fair enough.
But Visa and MasterCard blocking stuff is not ok. Their position is too big. And too crucial in the infrastructure.
But. A bank that can get something new rolling should profit quite well, which is a good incentive to come up with alternative
Am I the only one who thought from the headline that MC and Visa were censoring fake legal documents and not adult entertainment?
It won't matter.bi mean nothing will change. Everyone will have to keep using their services and most people just don't know or care. Until a new company that does the same job but without the bullshit (preferably a co-op) flights its way into the industry to break their monopoly, morning will change.
Cryptocurrencies were made to avoid shit like this. Good luck gently ask mastercard and visa to change their policies.
Too bad they suck in too many other ways for them to be a sane alternative.
Cryptocurrencies were a poorly thought out excuse to use block chain. Don't give them any more credit than that.
Your comment makes no sense. Bitcoin was definitely made to be a decentralized alternative and the blockchain was part of that.
Nah, bitcoin was made to make some people rich and succeeded at that. What you're repeating is the story they used to sell it to people like you.
Lmao. I was having fun with it 10 years ago. Nowadays it's true but not back then.
You are commenting in a thread about mastercard and visa policing payments and still in denial about someone coming up with a decentralized alternative?
That's not true, it was made for the technology's sake. The investment bullshit came way later.
all 44 comments