The alternatives to Intel/AMD/Nvidia, Visa/Mastercard/American Express/Discover and IOS/Android need to be more developed.
this post was submitted on 28 Mar 2025
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Boycott US
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To the point of replacing Visa/Mastercard: it would be great if the EU could continue in line of SEPA and create an EU payment processor. Now, I want to be very clear, it should be owned by the member states' governments, and profit (if any) should go into the EU budget. No neoliberal bullshit of "oh we're going to put out a contract/give out loans for anyone to set up a payment processor and the market will decide". It should be a state owned payment processor, to finally stop the likes of Mastercard, Visa, etc. from leeching off every single consumer transaction in the economy.
Is crypto the answer?
No. It is never the answer.
Crypto is often a scam.
And paying 30% of every purchase to apple isn't? Or even 2% of every visa transaction?