If a country can provide housing, roads, fire departments, public transit, etc. that might cover 98% of most people's use cases.
But perhaps that country is also fighting wars, committing genocide, perpetrating mass surveillance, propping up an oligarchy, manipulating currency, practicing authoritarianism, etc. ?
There might be points that need to be made and changes that need to be implemented, even if the average citizen or user doesn't directly see the impact or feel immediate exposure.
One of the reasons this is hard is that the general public doesn't understand the greater second and third order effects. And even if they do, they are typically inarticulate at expressing how this is dysregulated and dysfunctional to the broader economy and capitalism.
Luckily, there are plenty of very wealthy people that are disenfranchised by this that will loudly take up arms. Domestic competitors, business leaders, other impacted industries, etc. That's how and why this will change.
Tim Sweeney isn't the only one interested in this.
"I live in a place that hasn't seen progress and still uses physical cash." Isn't really useful to those of us who live in places that don't even use cash. Also, I don't really want to go back to using physical cash thanks.
I don’t have an issue with my bank tracking my purchases. In fact I like it. Not everyone wants to live in a constant state of looking over your shoulder. If we’ve reached that point the problem is not the banks, but the other parties. Going back to old technology is not a solution I want. Regulating the problem areas would be better.
Fully agree, I like not having to deal with cache. Fully digital payments and contactless payment are so much nicer than cash (in my opinion). I just want to be able to do contactless payments on my GrapheneOS phone and not get locked out of it because Google decided it's a good way of forcing out competition.
Hasn’t seen progress? Portland has a fantastic transit system and all the amenities you could want from a modern city. Yet cash is common, a few of the best places are even cash only.
I’ve found more places going cashless in Portland than are cash only. The one cash only place I regularly visited for decades finally gave in and started accepting cards.
That is strange, because Oregon has required cash to be allowed as a form of payment statewide since 2022 (SB 1565). There are a few exceptions but most public facing businesses are covered. Maybe they will do cash if asked but they don’t make it obvious?
Maybe I am lucky in the USA, but every bank I’ve ever done business with can be accessed through a PC and web browser. If any of my banks should decide to remove that option, I just move over to one of the other thousands of banks in the USA.
I keep seeing this, but I've never signed into a single one of my banks, mortgage companies, stock brokers, or credit card companies on my phone. The phone might be used to get a code for 2FA via text, but that's the extent of it. Everything is done on my PC through a dedicated browser specifically for financial purposes. This applies to Chase, Fidelity, Schwab, Wells Fargo, Marcus, Morgan Stanley, Amex, and more. So theoretically there's no reason a Linux OS on a phone can't do any of these things without Google or Apple by simply masquerading as a PC.
I think the disconnect comes from the European vs the US perspective. In Europe, banks in many countries require smartphone apps for 2FA (unless you still have one of the old authenticators that you can hold on until the battery dies). One of the reasons is that PSD2 requires two-factor authentication:
My guess is that given that banks are liable in many cases of account compromise where the user did not do anything wrong, they generally don't use SMS or e-mail auth because it is relatively easy to compromise (e.g. no or bad encryption, downgrade attacks, etc). Also, doing 2FA through a smartphone app is much cheaper for them than keeping a fleet of authenticators running.
Luckily, it looks like PSD3 is going to require access without a smartphone too:
Require payment services providers to ensure that all users can benefit from methods to perform SCA which are adapted to their needs and situations and, in particular, that those methods do not depend on one single technology, device or mechanism, for instance on the possession of a smartphone.