Hacker News new | ask | show | jobs
by devwastaken 1327 days ago
The U.S. dollar in a competitive, fair, and efficient market cannot be tied to the services of a few companies. Individuals must have the right to spend money independently. People have a right to participate in markets.

Theres a few options - force all online sales to also accept bank transfers.

Create a gov owned company that competes with these services (like USPS).

Or regulate payment services on what can be considered things they don't have to service.

1 comments

I think governments should create a digital cash equivalent. One that cannot be tracked any more than regular cash can (at least legally). With all the benefits and downsides, because that's the only way it would be trusted enough to work.

I think this would be a major boon to any economy that implements it well. People have no problem paying for small services in real life, because paying 30 cents is easy. Online though? It's not. It's hard for the people getting money and the people paying money.

Neat!
they'd much rather kill regular cash instead - and they will