[freakynit]

I kind of expected this, though not want this way :( ... it seems governments will go to any extent to prevent creation of alternative source of value other than the one they can fully control... for good mostly, bad at other times..

[NoahZuniga]

Surely you want any company that offers a prepaid credit card to be regulated, so that you can be extremely sure they won't just take your money and run.

And what really is the difference between a prepaid credit card and prepaid credits you can use at a large selection of tech companies. (Legally there is no distinction)

[freakynit]

The problem is the constant charge part that comes along with the percentage part of commissions that payment processors companies takes.

Spending 100$ in 1 dollar each transactions mean I end up spending extra 30$, on top of the percentage charges.

A system based on tokens only takes the percentage part(as expected), but the constant part is added just once.

It opens up per-request charging model, across service providers.

This benefits both: the consumers for obvious reasons, and sellers since now customers don't have to "commit" to subscription or a large charge for a servive they may or may not use or continue.

[NoahZuniga]

I don't really see the connection between my comment and your reply. Constant charges aren't necessary for regulatory reasons?

[freakynit]

Misread your question. Apologies.