Re:Facebook reveals its cryptocurrency Libra
by gigatexal on Wednesday June 19, 2019 @08:25AM
(#20222629)
There are rent seeking “middle-men” companies out there just milking patents or their position without providing much if anything of value. I’ll admit that. But I would contend that the credit card processing companies charging 3 to 5 percent are providing a value in the complexity that is payments but whether that warrants 3 to 5 percent I’m not qualified to say just I wanted to make the distraction between the types of middlemen.
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