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Re:If Facebook or Google create their own currency, they can... by mg74 on Monday June 24, 2019 @07:05AM (#20262191)
Iceland is very much at this forefront. The payments infrastructure is operated by the local banks (directly or indirectly), not by Visa/Mastercard.
Re:If Facebook or Google create their own currency, they can... by C1sc0cat on Monday June 24, 2019 @07:33AM (#20262412)
They Trust the Icelandic banks that much after the recent fiasco's
Re:If Facebook or Google create their own currency, they can... by mg74 on Tuesday June 25, 2019 @10:39AM (#20274646)
Throughout the entire 2008 crisis, the payment networks never stopped functioning. Not for a day, not for a minute.