'March to independence': Christine Lagarde wants EU to ditch Visa, Mastercard for own platform

https://lemm.ee/post/60461323

'March to independence': Christine Lagarde wants EU to ditch Visa, Mastercard for own platform - lemm.ee

Lemmy

HEY GUYS! YOULL NEVER GUESS. Portugal already has such a platform! Even Romania has started using it!
Everyone and their cousins have their own platform. That’s the issue. No one wants to standardize on someone else’s alternative so the incumbents run supreme.
Is a federation of different platforms not possible? Warning: I know absolutely nothing about this.

It’s technically possible, guaranteed.

The problem is capitalism.

This is more going into the direction of feudalism than just capitalism. A million tiny realms and every one keen of keeping their population locked in and uninformed about the outside world. I think there’s even a name for it: technofeudalism.
It was bound to happen eventually.