Re:Paper Money Diehards Refuse to Fold
by tchaffee on Tuesday May 30, 2023 @07:38PM
(#36132668)
> if two or three large businesses cover 99% of a given market (payment market), how about some anti-monopolistic legal protections?
Yes, that's the actual problem. Breaking up the existing near-monopoly and creating a functioning market with thousands of competitors would be a far better solution than trying to force the existing payment processors to process all payments, regardless of risk or ethical considerations.
Yes, that's the actual problem. Breaking up the existing near-monopoly and creating a functioning market with thousands of competitors would be a far better solution than trying to force the existing payment processors to process all payments, regardless of risk or ethical considerations.