The US have a monopoly on credit card payments with Visa, Mastercard, American Express, Diners Club, etc.
Even with online payment systems like PayPal, GPay, Apple Pay.
The only Canadian option that I know of is the new Shop Pay, which is owned by Shopify. (And we all know the founder CEO, Tobias Lutke is a far-right fascist traitor who loves the idea of being a 51st state.)
Right now Visa and Mastercard are controlling what stores can sell, and what services can be provided. Censoring online content, like asking Steam and Itch.io to remove certain games.
What are examples of alternatives in other countries? I know that Japan, for example, has their own independent ones, I think?
Do you think they might be refused by American companies in order to keep their monopoly?
I’d like to know what you think.
How about accepting Bitcoin?
It won’t even increase the money supply when you do something as benign as buying some good at the super market.
Too speculative. Too unstable in value.
The housing bubble is fueled by QE, the BoC buying half of all mortgage bonds, and cheap mortgage debt.
The entire system is already a ponzi scheme. We made cantillionaires out of home owners as we lead to crisis levels in productive investment.