Comment by h4kunamata
2 months ago
I have gone full on cash-only mode, people would freak out with the amount of fees they pay without knowing it.
I only have debit card, no credit card at all, in many places AUD$0.30-$0.50c is added to the goods price on debit cards. With cash, many places are offering 5-15% off when buying with cash only which is awesome.
If you are a gamer, you most have heard within the last 3-4 days now that Steam, Itch.io and others removed +18 games from their store because of a psycho Australian activists group called Collective Shout, who used words like rpe, child prngrphy forcing Visa, MasterCard, PayPal and a Japanese payment system to force those games stores to remove the games or they wouldn't have a processing payment.
Thanks to Visa/MasterCard monopoly, everybody was forced to do it. Many players don't even have +18 games filter enabled, for us in general this isn't about the +18 games but about US payment systems telling us what we can buy or not. Visa is getting its ass busted in Japan already with a Japanese politician joining the fight with gamers.
Dedollarisation has never been this strong, countries are already doing international trades using their own currency over the US dollar. I am not even getting into BRICS.
It is not a surprise that the US isn't happy with PIX in Brazil, it is a huge country, imagine all the money Visa/MasterCard are no longer making. Based on market data, it suggest an ESTIMATE around USD2.5-USD4B in 2024-2025 revenue lost lmao
The US is encountering the perfect storm!
The risk of deplatforming for many reasons should be deeply concerning all around. It's definitely concerning to say the least.