Alas I don’t think you will have the political stability to ultimately allow the adoption of an alternative. There is zero point building something that also accommodates the USA right now as the new King is quite likely to ban it and waste all the time put into it. Even a treaty put in place wouldn’t stop this from happening, so frankly its not worth an EU or otherwise company anticipating doing anything with the USA for the foreseeable future.
Comment on Europe’s $24 Trillion Breakup With Visa and Mastercard Has Begun
Limonene@lemmy.world 11 hours ago
I’m glad to see Visa suffer, but I’m pretty concerned that Wero requires a proprietary phone app. There is no way to shop using Wero without this proprietary software.
BrightCandle@lemmy.world 2 hours ago
GreenBeanMachine@lemmy.world 1 hour ago
allow the adoption of an alternative
Why would the EU need an approval from the USA?
USA can use whatever the fuck they want. This is to replace all the transactions happening within the EU.
Having your own transactions system is a big win for the EU, even if no other countries adopt it, and it’s a massive loss for the USA.
technocrit@lemmy.dbzer0.com 2 hours ago
I don’t think the USA will have the political stability to ultimately allow the adoption of an alternative.
Stablecoins exist and are among the most popular cryptos.
the new King is quite likely to ban it
Trump literally has his own stablecoin, not to mention other crypto grifts.
MITM0@lemmy.world 10 hours ago
teslasaur@lemmy.world 10 hours ago
Yeah, i was thinking the same thing. Changing one evil for another.
Scribbd@feddit.nl 10 hours ago
Ir doesn’t require an app. When you pay you select your bank and it will redirect you to a page that the bank provides. My bank provides a QR-code I can scan with their banking app, but it also offers a log in form to pay.
So I guess it is based on what your bank is willing to provide.
This is based on my experience with ‘iDeal’ the predecessor of wero.