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[–] 14 points 1 year ago (1 child)

It's time for Steam to launch their own payment processing company, and apply pressure directly on the card networks and the future competition.

It won't be nearly as profitable as their current business model, but sometimes industries need a shakeup.

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  • [+] -7 points 1 year ago (3 children)

    They don't need to start a payment processing company. All they gotta do is start accepting crypto again.

    I mean come on, the solution is so obvious. This is what cryptocurency was designed for. But Lemmy refuses to see it. You'll just downvote me and call it a scam like you always do.

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  • [–] 13 points 1 year ago (2 children)

    The problem is not with crypto itself, it's with the part of the community (certainly the loudest) who have been telling the public to treat it as an investment asset.

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  • [–] -3 points 1 year ago (1 child)

    This, but hating on crypto is trendy

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  • [–] 2 points 1 year ago (1 child)

    Trendy and morally correct. If we can hate on Mastercard for the banning of adult content on Steam, we can blame crypto and the people around it for the scams and the continuing environmental harm.

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  • [–] 0 points 1 year ago (1 child)

    Why blame crypto instead of the specific parts of a different community? You can't generalize a group because of the actions of a few individuals

    Cryptos impact is high but not as much as many other fields, and it's not for the love of profit, but as a necessity to protect a decentralized currency used by lots of people

    Many cryptos don't even have any environmental cost

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  • [–] 0 points 1 year ago (1 child)

    Why use Mastercard as an excuse to move to crypto? You can't generalize the problems of the current monetary system because of the actions of a few. Crypto's impact is high? It is a non-essential. Many cryptos don't matter. And bitcoin, as the one people gravitate towards, is awful for the environment, for something that is a non-essential (and not even a practical currency).

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  • [–] 0 points 11 months ago* (last edited 11 months ago)

    I have always criticized the current system

    Payment processors are just part of it. Each time similar issues arise, I'm here

    The current system's problems are not just the actions of a few. The few in question have an incredibly high market share. Crypto would fix these issues: no need for middlemen, more privacy and anonymity (for applicable cryptocurrencies), cheaper international transactions, decentralized to prevent censorship (as long as governments don't fuck it up too much)

    Not to mention your original message was about criticizing Mastercard which is a single entity, and you’re comparing that to criticizing crypto which isn’t

    What isn't essential to you could be essential to others. For many people, card payments are not essential. Emails aren't essential. Cars or public transport aren't essential. You're saying something is useless based on adoption. So it is just useless until it becomes essential at an arbitrary point? So it does not prove anything

    Cryptocurrency is essential to protect your online financial privacy. If you don't care about it, that's on you.

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