Justice Department accuses Visa of debit network monopoly that affects price of 'nearly everything’
www.cnbc.com
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
  • paf0@lemmy.worldOP
    48·
    1 month ago

    It would be real money if the federal reserve issued it. Cash still exists, is that a feature for criminals or does it benefit the poor and unbanked?

    • Passerby6497@lemmy.worldEnglish
      65·
      1 month ago

      It would be real money if the federal reserve issued it.

      No, as you said, its a stable coin backed by real money.

      Cash still exists, is that a feature for criminals or does it benefit the poor and unbanked?

      Cash transactions can easily be reversed, unlike blockchain, but nice bait.

      • prole@lemmy.blahaj.zone
        61·
        1 month ago

        Cash transactions can easily be reversed, unlike blockchain, but nice bait.

        Literally the opposite is true…