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News@lemmy.world · 1 month ago

Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

cross-posted to:
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Justice Department accuses Visa of debit network monopoly that impacts price of 'nearly everything’

paf0@lemmy.world to

News@lemmy.world · 1 month ago

cross-posted to:
[email protected]

Justice Department accuses Visa of debit network monopoly that affects price of 'nearly everything’

Visa and Mastercard have surged over the past two decades, reaching a combined $1 trillion market cap. That has attracted unwanted attention from regulators.

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Fredthefishlord@lemmy.blahaj.zone
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1 month ago
Money is made from belief. Why would the public at large believe it to be a real currency?
- HappyTimeHarry@lemm.ee
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  if the banks and federal government say it is and accept it as such then it is by definition “real” currency.

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