Why can't tech giants step in and make a visa clone to stop visa's content police?

>>106030745 (OP)
It's called Monero

>>106030745 (OP)
jews

>>106030745 (OP)
literally no one gaf lil bro

>i can't goon reeeeeeeeeeeeeeee
go outside

>>106030745 (OP)
Big investment funds have rules that forbid allocation on stocks that don't follow certain policies. It's nothing personal, just business.

>>106030864
jews

>>106030752
I will always remember Luke Smith as the perfect example of what happens when you fall for every single /g/ meme at once, without carefully analyzing them first. He owns four ThinkPads at least. While I see nothing wrong with them in themselves, as they are admittedly pretty good value for the price, four is just mindless consumerism, contradictory to his "philosophy". He started using every single shitty pseudominimalist, ncurses-based program, used a shitty riced out i3 setup of dubious actual productivity (like all tiling wms), then fell for the full Suckless meme and went in even deeper. Then he started making videos shitting on Python and praising C, which is ironic considering he is not even a programmer by his own admission. He effectively spent years trying out, configuring and hopelessly trying to integrate tens of meme programs to build what is, combined, effectively a shittier Emacs, just like most of /g/ was doing in their "productive" desktop threads a year or two ago. Then he read the Unabomber manifesto and blindly accepted it without constructively analyzing it first, same with the anarcho-primitivist ideology that was all the rage about a year and a half ago on 4chan and 8ch. While he stated on his website that he "didn't browse 4chan much anymore" it was obvious this wasn't the case.Then he went and took the memes way too far, and unironically went to live in isolation. While I see nothing wrong in itself, the actual reason he did it is massive cringe. He has the mentality of someone 10 years younger than he is, yet he acts like a literal boomer jokingly criticizing "zoomers" despite he himself being the worst example of a millennial. He attacks "nerds" when it's painfully obvious he's deeply unhappy with himself, as it was obviously self-directed criticism thinly veiled as an edgy dabbing video. He is a perfect example of someone you should avoid becoming at all costs.

https://www.tastyfish.cz/lrs/luke_smith.html

>>106030745 (OP)
Elon save us. Convert the X app into a wechat clone.

>>106030745 (OP)
Would have to be crypto. Monero for complete fuck you to these companies. I think it's more likely these companies would accept Bitcoin, XRP, ETH or some random jeety memecoin though.

it's not hard to do alternative payment methods with crypto available
valve could have made those games crypto payment only and took a stand, but these games aren't worth defending really

>>106030752
Monero is great, no one accepts it tho you gotta get gift cards with monero rn. Also has there been a replacement for localmonero?

>>106030947
Isn't that the other one?

>>106031069
@grok would this actually be possible??

>>106030745 (OP)
If you climb to that level and you haven’t been blackmailed yet they will kill you. Not even joking, there are tons of examples to the point you can’t miss it if you’re trying to actually achieve this goal.

>>106030947
Blessed post. Billions must read. Billions must stop making themselves mentally ill through memes.

Gee, it’s too bad Americucks don’t have public infrastructure for quick and easy digital payments and transfers that can’t be arbitrarily dictated by a handful of giant private companies.

>>106030745 (OP)
There's loads of alternate payment platforms, but they're all highly regional.
It's just like messaging platforms, with regional monopolies by companies that nobody outside of those particular regions would ever think of as popular or has even heard of.
This is fine for local places and keeps your local porn store from being shut down, but it's not at all a viable solution for global internet-based platforms like Steam.

>>106030745 (OP)
This is why.

>>106031409
>Gee, it’s too bad Americucks don’t have public infrastructure
European banks(which wero is completely beholden to) are anything but public infrastructure. Ask anyone who doesn't play along government narrative how well are they treated by the (((((((((((((((((((((((((public infrastructure))))))))))))))))))))))))))))))))))))))))))))

>>106030822
spbp

>>106030752
>>106030920
>20m+ transaction confirmation time
non starter. needs a L2 layer for actual use.

>>106030745 (OP)
This is where crypto should step up. It is clear that it's mostly used for investing gambling. But why not do something like venmo but with crypto as an intermediary. That's basically what mastercard and debit cards do, they are an intermediary between two peoples bank accounts. So you still pay with your banking app or whatever, but the banks use crypto to wire the money instead of credit card companies

>>106032040
>>>20m+ transaction confirmation time
who cares? honest question. why can't you just wait 20 minutes?

>>106030745 (OP)
xPay is locked up in American politics, states are delaying it as long as possible

>>106030745 (OP)
>Why can't tech giants step in and make a visa clone to stop visa's content police?
Because this is done on the behalf of tech giants

(((BlackRock))) is the largest VISA / Mastercard shareholder and they also sit on the board of OpenAI, in which they have a huge stake

They want local AI gone, both for shekels and social engineering

Why Visa when BitcoinZ? No police

>>106030745 (OP)
Because it needs a lot of money and the banking industry is kind of elite. XMR still is the solution though.

>>106031069
Facebook tried to do that and they got assfucked by regulators before the project was even finished. (((They))) don't want any viable competition to Visa and MasterCard.

>>106030745 (OP)
There is only one solution.

>>106031302
absolutely fucking not. wechat is a product that cannot and should not ever be replicated in the west. it is convinient, but only because everyone uses it for everything. in western countries, where the people already have clear preferances about forms of payment and messaging apps a wechat clone would never take off

>>106030745 (OP)
Payment processors have been weaponized by governments for a long time now. Anyone who enters the market would face the same (shadow) regulations and would eventually bend the knee to moral busybodies to avoid more regulations.

>>106030745 (OP)
>Just create your own bank!
That doesn't go so well for those that tried...

>>106030822
They don't care as long as it makes money. Fundamental christcucks on the other hand...

Russia literally has their own banking system that I would happily use if they let me

>>106032895
We need more plumbers.

>>106032040
the entire fucking point of Monero is its anonymity and lack of traceability. this is Monero's value addition to our society. just like Ethereum's value being derived from its contractural virtual machine.
anyway, anonymity is not an easy fucking problem, and making transactions more performant almost certainly would completely fuck the anonymity of it, completely fucking its value addition to society. if you want fast transactions, use a cryptocurrency whose value addition is fast transactions.

Really interesting that no one itt knows what Mastercard and Visa do in the payment process.

>>106030745 (OP)
idk why can't republicans in congress just pass a law that banks and payment processors can't refuse service without a court order? they'd go up 10 points in the polls

>>106033639
Because if you did you would make America a heaven for fraud and terrorist funding.

>>106033660
really? visa is selflessly defending america against fraud and terrorism?

stfu retard, if there were actual evidence that an account is linked to fraud or terrorists then the only ones who would know that would be the feds and they would get a judge to issue a court order to blacklist it from payment processors, visa is not a fucking police force and only faggots like you would want them to be one

>>106033639
Because that's really dumb? It'd violate multiple AML laws and would serve no real purpose except for le coom

>>106030745 (OP)
Remember when they told us that we are sooooooo dependent on the current financial infrastructure?
Remember when they said that kicking Russia out of SWIFT would utterly collapse the country, because nobody would be able to buy anything anymore? Going as far as calling it a financial nuclear bomb?

Remember that Russians didn't even notice getting kicked out, because as it turns out, all the jewish financial bullshit is actually completely worthless in reality?

>>106033707
When's the last time you paid for digital goods without a payment processor?

>>106033707
>Remember that Russians didn't even notice getting kicked out, because as it turns out, all the jewish financial bullshit is actually completely worthless in reality?
They just have their own system by now. If wouldn't have it banks could not exchange any messages in a fast and secure way.

>>106030745 (OP)
It's cuckservatives
https://www.youtube.com/watch?v=SmHHnPLllUk

why now?

>>106033837
Because steam recently had to remove pedobait games after visa and mastercard complained. Now /g/ is mad.

>>106033860
It's not just lolicon games but all adult games you lying chud.

>>106033871
>Wahhh it's ok because it's adult incest
Let me guess, she's actually 300 years old?

>>106033860
The bottom line is: every single product and service in the world must be family-friendly, otherwise it doesn't make enough money. The banning will only stop once we all become toddlers again.

>>106030752
>>106030920
I wish crypto was a useable currency and not YET ANOTHER way for rich "people" to play the stock market

>>106030745 (OP)
That's what Bitcoin and other cryptocurrencies were supposed to be before boomers, chuds, lolberts and scammers took over.

>>106033707
kicking russia out of swift and enacting various other financial sanctions did hurt them. they lost their most lucrative trading partners and are now forced to sell to china and india for much cheaper. china and india are now getting rich off of russia's desperation. china especially is giving them so much shit that russia may default on those debts, at which point i reckon china will bite off a big chunk of siberia as payment.

imo i think it's a little funny that russians fret about NATO expansion but aren't worried at all about becoming increasingly indebted to and reliant on an authoritarian state that is vastly more powerful than them, and also looking to prove itself militarily right on their back yard

but anyway the western world cannot "collapse" the russian economy, because ultimately it's the government decision to allow for a collapse. they're the ones with the guns so they decide who gets paid and with what. it's the same shit as in late ww2 nazi germany: every projection showed that budgets would run out and the system should collapse in like 1938, but instead the authoritarian government just goes "nuh uh" and pays debnts with troll logic, basically stiffing everyone in their country. in this case the economy stays functional, but the people involved in it are forced to work for free. any russian who is happy that their government is scamming their way out of economic hardship is just celebrating their own enslavement

>>106033752
>They just have their own system by now
And they could seamlessly replace it. From one day to another.
Reminder that they had less than a week between announcing those sanctions and them being implemented.
All the financial bullshit is in reality replaceable on a whim, if you just want it. None of it has any intrinsic value.

I read so many articles about how our banking system is interwoven globally and how dependent we are on it. Yet reality proves the opposite: It is the financial system that depends on us.
It's all just a fraud.

>>106033937
>And they could seamlessly replace it. From one day to another.
Only after it was developed. When around 2017 people argued they should not access swift anymore they had no alternative.

>>106033921
The Western European country i am living in right now, is in a recession, Russia isn't.
We are in SWIFT, Russia isn't.
We are now completely dependent on the USA, that rips us off, scams us and sells us LNG for five times the market value. Meanwhile Russia trades with China on market rates.

>>106033688
>evidence about something as fungible as an account
>wanting to wait for a judge to act
>only papa government knows what money laundering is
Look at what you are even writing. Your IQ must be sub 50.
Selflessness doesn't exist, retard-kun. Besides, by the time a judge has legally acceptable evidence in their hands and is able to act the cash is already long gone because the evidence is the crime itself. What you are suggesting is moot. The judiciary and police are reactive bodies. Refusing service is prevention. You are advocating that the best tool to catch a jet fighter is a bicycle. The reason they don't implement what you want isn't because of the wider power, it is because it is plain stupid and accomplishes nothing at its best.
Jesus christ you are so dimwitted I don't think you have two braincells to rub together and produce a spark.

>>106033945
So what?
Even if they only developed it since 2017, it still means that you can replace our whole financial system within only 5 years if you want to.
The fact still stands, that our financial system is a completely useless scam with no intrinsic value.

>>106033937
Being removed from the swift means you can't deal with the US and most countries aside from shitholes like Russia and Venezuela can't afford to

>>106033965
>So what?
That was the entire point.
>Even if they only developed it since 2017, it still means that you can replace our whole financial system within only 5 years if you want to.
Yes, if you are a highly skilled nation state you can replace swift in 5 years.
>The fact still stands, that our financial system is a completely useless scam with no intrinsic value.
Then it could be replaced in a day, not 5 years. Even XMR has been developed for 10 years and could not easily replace the banking system immediately. We'd need way more miners, general acceptance and a lot of education for vendors and consumers alike.
There's a lot of fake and gay stuff in our economy but the informatics structure isn't one of them.

>>106033965
The swift is only used outside of the US for international transfers. No one has to replace their financial system. The system itself is not important. The implications of being kicked out are.

>>106033976
>you can't deal with the US
And? Did you ever check out what the US actually exports?
I don't own a single product Made in USA. The most connection i have to the USA, is this very schizo platform here, where i can enjoy mulattos posting lies all day long.
Meanwhile getting cut off from China would immediately bakrupt half of our industry that depends on them.

>>106033995
I would be even more extreme:
VISA and MasterCard could vanish tomorrow. If every single one of their employees drops dead today and all their infrastructure explodes, it would have absolutely Zero effect on the world wide economy.
I think those two systems / companies are completely disposable. You don't even have to replace them. They could just cease to exist and it would bother noone.

>>106033949
on the off chance you are just ignorant and not a shill:
>The Western European country i am living in right now, is in a recession, Russia isn't.
it's not as simple as "recession = bad". any country can avoid a recession basically indefinitely. to loop back to the nazi germany example, they kept juicing up the economy to keep up the war effort while their people were actively starving, up until the very end. so it's not really a good indication of whether the people in a country are doing well.

recessions are a necessary part of a functioning economy. you want a recession every now and then to make sure shitty businesses die off. when you don't have a recession for a long time, you end up with US economy circa 2025, where you have a bunch of overvalued zombie companies that provide very little of real value while sucking up resources and labor like crazy, which makes everyone in the country poorer in terms of real, tangible wealth.

your way of writing makes me really think you are a russian living in germany or something though. if you are then i would recommend going back to the 1980s and not let all the russian assets and green party retards close down your nuclear plants

>>106033999
Your Nike shoes aren't made in the US and you wouldn't be able to buy it if you got kicked out. There is also a lot more to it than consumer goods.
The other side of the coin is who is gonna buy your stuff? Who is gonna purchase your services?
Being cut off from china would most likely have the same effect, i will grant that.

>>106034031
lmao this is just plain delusional, part for the course when it comes to cyptoshills.
Everyone should just switch to that one specific shitcoin you happen to be invested in amirite?

>>106030745 (OP)
monopoly, as simple as.
look up what EMV means, it's basically THE standard for everything related to payment cards on the planet, it's probably the most powerful consortium in the world right now and it's owned by visa and mastercard, they basically own the entire world, china and russia included, by the balls and if they decided to they could revoke all the certificates for payment cards in a country over night, visa, discover, mastercard, it does not matter, then nobody could pay for anything.
they define the protocols, validate hardware (yes, you do you have to send them the firmware and hardware schematics and they'll decide if they authorize you to operate, forget about corporate secrets, there is no such thing for processing payment cards that follow these standards), they sign everything cryptographically and it's very hard if not impossible to bypass their processes.
if they catch you, good fucking luck, fucking with banks and related is above war crimes and genocides in term of gravity in case you didn't know, they'll just crush you.

I write firmware for various hardware, included for EMV readers, forget about your insane controlling ex, there is no one more intrusive and controlling than the EMV fuckers.

I honestly don't know what we could do about this, they're well above the laws of any country and basically untouchable even in china as unionpay decided to join the consortium a decade ago and is now submitted to the same rules as the others.
if xi decided to riot against EMV then they'll just kill unionpay over night and the entire country would go back to the stone age for some time until all the hardware is replaced, good luck doing that in a country with more than a billion people.

to communicate with EMV cards you have to connect to servers owned by companies parts of EMV, usually called payment gateway, theres is no avoiding this, that's how they would revoke certificates, forget not connecting to these servers, no server no payment

>>106034085
Nobody said that.
What i said is that VISA and MasterCard could vanish today and nothing would be affected by not.
I didn't even say that it would be crypto replacing it. Some completely normal bank transfers still exist without them. Even PayPal can exist without them.
There is absolutely no reason why you would cuck to those two specifically. Yet they are the ones who are apparently responsible for that moral policing. Which sounds ridiculous.
>>106034059
>the USA would bully you
Yes, that is what it comes down to.
The """financial system""" is dumb, worthless and could easily be replaced. The only reason why it exists is because you get bullied into it.

>>106034031
>VISA and MasterCard could vanish tomorrow. If every single one of their employees drops dead today and all their infrastructure explodes, it would have absolutely Zero effect on the world wide economy.
Yeah it's not like payment processors are actually needed or anything right? If windows would stop working tomorrow it would cause less harm than if payment processors had a small oopsie for a few hours.
Are the reasons for their existence justified? Eh not really but that's because consumerism and globalism are both detrimental to humanity.

>topic doesn't get discussion until some tube tard wrangler covers it
Fucking /g/toddlers, I swear to god.

>>106030745 (OP)
>NOO A PRIVATE COMPANY CAN'T MAKE RULES ABOUT WHO USES THEIR PLATFORM

Yeah

>>106034057
>when Western Europe is in recession because of Sanctions, it's a good thing
>when Russia has a little loss in profit, it's the Sanctions working and destroying them
>when Western Europe gets scamed by the USA and pays five times the market value for basic energy, it's friends helping each other
>when Russia trades with China to ordinary market rates, rather than seeling it into the EU for a discount, it is Russia being screwed
honestly, i don't give a singly flying fuck about your obsession, you are clearly biased.

Fact is that the economic nuclear bomb they launched against Russia did not even achieve a little tiny faction of what it was supposed to achieve.
And you can't deny that.
That it is such a nothingburger when someone gets kicked out of SWIFT, was a surprise to the whole world. Even the most pro-Russian shill would have never expected SWIFT to be THIS worthless as it turned out to be.

>yeah bro, visa and mastercard could disappear overnight and nothing would be affected
you'll only hear this kind of shit here.

>>106034173
I didn't know that VISA and MasterCard are the only payment processors on the planet.
If they don't process your payments, someone else does.
This """industry""" is worth nothing.

>>106034208
You must be a mulatto.
Otherwise you would know that those two companies don't nearly have as much power as you think they do.

>>106034224
No, but they are the most significant. Also you can't say that the whole system is built on scams and try to prove that by prefering one goy in the system to the next

>>106034238
>they are the most significant
For whom?
Do you think a single Chinese depends on VISA or MasterCard?
Even Europeans, the very vassals of the USA, don't. They barely work together with them, to allow transactions between them, but otherwise?

>>106030745 (OP)

>retard eceleb want to join the """""current trend"""" bandwagon
>retard kids fall for it

>>106034238
Basically, if VISA and MasterCard stop existing, Americans would have to stop using credit cards and instead use debit cards like the whole rest of the world do.
Or they just wait a day till the next one shows up to take their place, because producing a plastic card and sending some numbers around turned out to be less challenging than previously expected.

Brazil clearly has the answer.
>instantaneous
>24/7
>online
>just whip out your phone and scan a QR code or type/paste a key
>zero fees
>provided by the central bank which is independent as an institution, s no political ratfucking
Literally what is the rest of the world waiting for to just copypaste it?

>>106034250
>For whom?
Most of the world economy
>Do you think a single Chinese depends on VISA or MasterCard?
Yes
>>106034250
>Even Europeans, the very vassals of the USA, don't.
They do as soon as they want to make business with non-EU foreigners.
>They barely work together with them, to allow transactions between them, but otherwise?
There's a reason people who travel always are advised to get a visa/mastercard if they're traveling outside of their country or the EU.

>>106034287
>Basically, if VISA and MasterCard stop existing, Americans would have to stop using credit cards and instead use debit cards like the whole rest of the world do.
That sadly won't stop them for getting loans or using 'buy now, pay later' models. Americans got a massive drive to suicide themselves and weirdly enough it worked out well enough for them for now. I hope BRICS will finally gain some traction and we'll escape the US terror.

>>106034204
truth be told i ignore arguments like "oh russia is actually getting great deals from china and europe is slave to US" because its typical russian shill playbook gish gallop that youd have to be retarded to engage with in 2025. my posts are more for the benefit of the actual human beings reading so they understand the current economic situation that europe, russia and the US are in.

economic sanctions are ineffective against russia because they mainly cause harm to the russian people, not the state. putin is never going to go hungry as long as he has 140 million russians to steal from. and russians are so buckbroken that they don't complain even as the shit pipes burst into their homes and their children are shipped off to die. russians only get frustrated when it's proven that their country is too weak to oppress others as hard as they are being oppressed. that's generally why their propaganda focuses so heavily on stuff like "europe will freeze in 2023" etc

>>106034338
fyi as soon as you hear someone refer to EU as a US vassal you can be assured that youre talking to someone reading off an FSB script

>>106034338
>I hope BRICS will finally gain some traction and we'll escape the US terror.
BRICS don't act as a united entity. They are a lose organization that only does the minimum basics to keep trade relationships.
As it should be, having an international organization ruling over local laws or a top-down hierarchy, where some other country dictates you, is a bad thing.
Nobody wants to replace the current system with the exact same system, but with a Chinaman on top instead of a Jew. It has to be more than just a different label.

But this means that the BRICS countries act in their own interests.
Chinas interest is to get itself away from the USD. But it is not Chinas interest to pull e.g. Europe out of the US sphere. They don't want to safe (if you like them) or take over (if you hate them) the world. They want to thrive themselves.
The Chinese have a Billion people who recently got out of poverty and who buy things. The USA has 330 million people who are living on debts and are in a decline.

The Chinese can afford to simply let the US (and its whole sphere of influence) rot. They don't need us.
They also don't need to rush. They can play the long game.
So presumably, nobody is going to destroy our current fake and gay system... they just opt-out of it, while we will keep living inside it.

>>106034417
>b-but Russian shill
I will say it again:
Nobody, not even the most pro-Russian shill, would have predicted the SWIFT sanctions to be this much of a nothing burger.
You can't deny that. And you don't deny that.
>they mainly cause harm to the russian people
The average Russian isn't going to make daily international bank transfers and the EU is very loud about how the sanctions target the Russian banks, institutions and oligarchs, rather than the Russian people.
The very people who made the sanctions, claim the total opposite of their purpose than you are claiming.

>>106034417
>russians only get frustrated when it's proven that their country is too weak to oppress others

>>106034535
>You can't deny that. And you don't deny that.
in two more weeks russians will be unable to buy potatoes and vodka due to swift sanctions

All the Ivans, Dmitrys, Sergeys, and Yevgenys ITT need to go back and get droned

You can't even talk about payment processors without some fucking draft dodgers whining about MUH RUSSIA

>>106034208
If you can replace SWIFT overnight, which is an internationally connected system with tens of thousands of member banks - you can very easily replace the fucking credit card processors which are only relevant in the USA in the first place.

>>106033707
> Remember that Russians didn't even notice getting kicked out
I did.

>>106034674
>which are only relevant in the USA in the first place
And are based on buying things with money you don't have. The average American has 6000 USD in credit card debts.
And allow charge backs, so some random nigger can simply decide to take away your money. But if you aren't a nigger, you can't actually charge back, because you will land on some obscure shared secret-yet-public blacklist.

>>106030745 (OP)
>Why can't tech giants step in and make a visa clone to stop visa's content police?
Isn't paypal quite literally doing the same thing or even much worse?
What makes anyone believe that another card company in california would be different than the current card companies in california?
Specially when it's been the californian megacorpos who have been the most against free speech and customer rights than anyone else?

>>106030745 (OP)
they did, but paypal also does moral panic stuff

also monero shills shut the fuck up until you post a step-by-step guide on how i can pay for a physical playboy magazine in monero without any form of payment processor middleman

>>106033905
Markets are the most equalizing thing on the planet. Anyone can participate and make money if they want to, "rich" people's only advantage is that they have more capital to throw at it but they'll lose they same percentage as you if they make dumb decisions.

>>106035431
that would be true if assets weren't inflationary. but they are, so the more assets you have, the more money you are more or less guaranteed to make. people have been able to put money into the S&P 500 and grow your net worth by like 8% every year basically risk free for the past 100 years or so. that means the markets don't really reward savvy investment as much as being early and having more capital. even if you're a smart investor but you have little capital, you're going to make less money than some boomer sitting on a 2mil in S&P500, and because of inflation, he's actually taking money from you.

the only way to beat someone who got in before you and with more money is to go all in on some meme stock or crypto and hope it moons, which is what zoomers and indians are doing en masse. but that has a much lower average rate of return than just putting the money in the S&P500, so it's basically just gambling

it's all massively retarded imo

>>106035525
i too believe that "the market" is a clown world but
>the only way to beat someone who got in before you
why do you need to "beat" them? beyond a certain wealth, it becomes difficult to even spend it all effectively except on more investments. if you just want power, money is something that comes from power, not vice-versa. inflation is also not direct theft, thats like saying if someone eggs your house it's actually stealing from you because the value of your home dropped slightly. it just isn't the correct wording

>>106035525
>the more money you are more or less guaranteed to make.
What? That's not remotely how that works.
>people have been able to put money into the S&P 500 and grow your net worth by like 8% every year basically risk free
Is this bait or are you literally retarded.
1) the risk free rate has been close to zero for the past 15 years and not much higher for the past 20.
2) the people putting money into the snp500 are mostly the middle class, not "rich people." Why is it every time some retard talks about rich people online they always viciously attack normal people? Are you just a bunch of spiteful losers? Is it really that simple?

>>106035573
>why do you need to "beat" them?
because if the amount of goods and services remains the same but people around you continue to earn more and more money than you, your income is getting comparatively lower. even if you can increase your net worth, you may actually be becoming poorer in relation to your wealth last year or whatever.

let's say you have 100 dollars, which is 1% of all dollars in this fictional example. in the following year, you invest wisely and make 50 dollars, but in the meantime the fed prints an extra 10,000 dollars. you now have 0.75% of all dollars despite having 50% more than last year. you essentially became poorer. this is an exaggerated example but you get the idea.

>inflation is also not direct theft
it pretty much is. if you have a 100 dollars in your bank account and it buys you 100 apples, but then the fed prints an extra 5 trillion to shove into the S&P500 so the line can go up, and your 100 dollars are now worth 50 apples, doesn't that feel like stealing?

>>106035581
>1) the risk free rate has been close to zero for the past 15 years and not much higher for the past 20.
huh?

>2) the people putting money into the snp500 are mostly the middle class, not "rich people."
a huge chunk of americans' retirement portfolios are in S&P500. the average boomer has a net worth of 1.6mil. you do the math. to be perfectly honest, i don't think a few gigabillionaires have as much of a negative effect on the economy as a 60 million boomer millionaires. they don't actually work or provide anything of value to the economy but their net worths continue to grow in comparison to the rest of the population. i don't think that's very good for providing people an incentive to work. zoomers can intuitively surmise it's not worth working and it's better to mooch off their parents

You're all so fucking retarded. There is no difference between corporations and government. You see mastercard and visa ban, california bill, UK online safety act, EU digital safety act, australia ban, etc happen at the same time and you can't see what's going on, I give up. Jews are right about goyim.

>>106035915
>because if the amount of goods and services remains the same
this high school level of understanding supply and demand is why (((they))) win

there is such a massive supply of goods that the cost of them is set largely arbitrarily by what monopolies have figured out people are willing to pay. it's not a supply issue. the reason eggs are 9$ each isn't that we ran out of chickens or fuel to transport their aborted babies. it's that the grocery stores have decided to see "how much are people willing to pay for an egg before they find it cheaper to arm themselves and storm my doomsday compound?"

>doesn't that feel like stealing?
your FEE FEES dont inform what words mean. theft is specifically the deprivation of property that is rightfully yours. you still have the money it's just not worth as much. if i find your parked car and hit it with a hammer, ruining the value, i haven't stolen your car. i believe in most places there isnt a special term and it's just "destruction of property"

>i don't think a few gigabillionaires have as much of a negative effect on the economy as a 60 million boomer millionaires.
very fair assessment and i agree and have nothing further to add on that point so please dont go schizo mode on it because i slept poorly and slight neck pain is causing me to be unable to get so hyped up about it

>>106035989
>theft is specifically the deprivation of property that is rightfully yours.
ok well if you wanted to argue the semantical property of these words then you are right it's not stealing as much as it is diluting one's proportional ownership of money from a position of superlative authority

i tend to use hyperbole
>please dont go schizo mode on it because i slept poorly and slight neck pain is causing me to be unable to get so hyped up about it
thats ok i just really like going schizo mode and use a lot of hyperbole here because my friends hate me when i talk about this stuff irl. i gotta get it out somewhere

>>106031323
>Not even joking, there are tons of examples to the point you can’t miss it if you’re trying to actually achieve this goal.
Can you refer us to these examples? Not doubting this is the case, but curious.

>>106036162
ok i left a bit of a fragmented reply there but its ok im a schizo

>>106036177
fair but i need a big bara kemono man to crunch my collar bones and shoulders back together before i can muster the energy to get similarly schizo

>>106035946
I will never understand why commies make that difference either. Government is just a monopolistic corporation that you are forced to give money to. That's it. You have no power over it, the pedophiles voted into power never do anything and the whole system is made so everyone inside it can blame another person for any problems as nothing gets solved. Until of course some multibillion dollar company shows up and start lobbying for something, then suddenly they make up some laws like the porn ban we are seeing.

>>106030745 (OP)
Invent problem
>>106030752
So people beg your solution

This was such an obvious push for one world digital currency. Inb4 muh privacy: it's an eternal public ledger.

>>106036223
the idea is, much like with all politics, that surely my strongman will fix it

>>106034287
No. Your Debit card uses Visa or Mastercard's network as well. Total take over of these payment processors is not impossible, but without either just seizing the companies or having a replacement system waiting as a backup, it would be a minor civilzational effort with many annoying bankruns until the next system gets put in place. The issue is that the government likes it this way as they use their trade secret: reputation managment to dictate how money flows without "violating" peoples rights.

>>106030752
based fed forest negro

>>106036562
can confirm but only halfway. they do this in canada and yurop but only for online purchases

when I was a kid EMV payment (debit cards) wasnt integrated into those networks and you couldnt use them online (or in the USA, kekw)

>>106032040
The actual use is it fucking works and nothing else does. Take unconfirmed transactions, like every store in the world did until the late 90s, or wait 20 minutes.

>>106037326
>or wait 20 minutes.
Honestly wouldn't bother me much outside of convenience store

>>106035431
Well anyone that has money sitting around doing nothing that they don't care if they lose all of it (ie rich people)

>>106034191
Then they shouldn't use public money. If visa makes their own currency then they can determine how it can be used.

alipay is excepted most places these days