Re:Europe's $24T Breakup with Visa and Mastercard Has Begun
by appointment on Tuesday February 10, 2026 @06:19PM
(#46968450)
The premise here is that you lose access to a European bank's mobile app because the US government compels Apple or Google to disable your app store accounts. Not that your relationship with the bank is frozen.
It's as close as you get to a complete shunning from modern society. You're reset to the cash you hold on you and keep custody of. And yes. In the U.S., the list that manages who can and cannot transact is centralized under OFAC. So it is at the whims of Executive whether or not any financial activity can be done with you.