Justice Department accuses Visa of debit network monopoly that affects price of 'nearly everything’
www.cnbc.com
Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.
  • ShepherdPie@midwest.social
    11·
    9 months ago

    If your trusted central authority gets compromised, will you know? And if you know, will you be able to do anything about it?

    As opposed to Mt Gox and FTX?

      • ShepherdPie@midwest.social
        2·
        9 months ago

        Well then I suppose this begs the question of why so many would give up ownership of their crypto and sacrifice the benefits they would have had keeping it on-chain in order to let FTX and Gox take it. It seems like there’s a piece of the puzzle missing here that I suspect points to a flaw in the system.