GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 16 days agoWhy the banks want a cashless societylemmy.worldvideomessage-square115linkfedilinkarrow-up1451arrow-down116
arrow-up1435arrow-down1videoWhy the banks want a cashless societylemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 16 days agomessage-square115linkfedilink
minus-squareRandelung@lemmy.worldlinkfedilinkarrow-up33arrow-down1·16 days agoAs opposed to Visa/Mastercard? Currently, there are only concepts and promises. They promise the wallet will be p2p, anonymous, and non-traceable. We’ll see if that’s the case.
minus-squareBygoneNeutrino@lemmy.worldlinkfedilinkarrow-up6·edit-215 days agoI still don’t understand what Visa and MasterCard do that justifies 5% of every transaction. Computers have made their job infinitly easier, yet their fee has remained the same.
minus-squareErmahgherdDavid@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up6·15 days agoIt’s called “we’re a duopoly so fuck you guys”
As opposed to Visa/Mastercard?
Currently, there are only concepts and promises. They promise the wallet will be p2p, anonymous, and non-traceable. We’ll see if that’s the case.
I still don’t understand what Visa and MasterCard do that justifies 5% of every transaction. Computers have made their job infinitly easier, yet their fee has remained the same.
It’s called “we’re a duopoly so fuck you guys”