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A comment on Europe's $24T Breakup with Visa and Mastercard Has Begun. Parent comment

Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by moffkalast on Tuesday February 10, 2026 @02:08PM (#46965169)
Yeah it seems that some politicians have noticed that they can enact a lot of self serving authoritarian legislation that wouldn't fly otherwise if they push it as populist independence-from-US thing. Can't let a good crisis go to waste, of course.

One only needs a few looks at what the EU Commission has been doing lately to see that if left unchecked their plan is a UK-like total surveillance state.

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Re:Europe's $24T Breakup with Visa and Mastercard Has Begun by digiown on Tuesday February 10, 2026 @02:59PM (#46965938)
I don't disagree but that wasn't the point here. The point is they are handing even more control to a different US entity. Putting my tinfoil hat on, I assume the authoritarians are intending to simply buy the data from the American companies to circumvent legal restrictions, as in the Five Eyes arrangement.
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