31–40 of 621 posts
Anti-monopoly laws are good, but how about some harsh anti-duopoly laws? Could also hit the iOS-Android bird with the same stone!
[flagged]
What's stopping a large, profitable company like Valve from starting its own payment processor? Surely the technology part of it can't be an impossible hurdle.
I have sold a few items on Steam because I don't care about cosmetics in games. I'm also lazy and because of that "sat" on items for a while that appreciated. I mention this because Steam credit is very fungible: it can be easily converted.
Steam also makes it very easy to redeem credit, gift, etc.
I believe you can buy Steam cards at most places Xbox cards and similar are sold as well.
Also in the early days of Bitcoin buying and selling of digital Steam assets was one of the most popular things.
[flagged]
[flagged]
What's stopping a large, profitable company like Valve from starting its own payment processor? Surely the technology part of it can't be an impossible hurdle.
You'd have to onboard hundreds/thousands of banks and terminal providers so they accept/give out your card.
I excpect the underlying technical stuff isn't that hard compared to getting people and companies to actually use it.
Lots of outrage at the card companies, but strangely, no outrage at the laws that actually caused this. One is the Australian law to remove that type of content and the other is the US law that says the payment processor can't participate in illegal transactions.
I feel like nobody cares really and none of the companies care, but are all worried because of the massive stranglehold 2 players have (and realistically each has almost entire control). Mastercard don't care you want porn, or games, or whatever. Neither does VISA. They like money. They want money and want people to move their money so they can siphon off some of it for their own pockets. Almost nobody is going to av…
[flagged]
Sure, religious fascists enjoy this now, next they will remove GTA and shooter games, metal music and Hip HOp and when some Rust fanboy extremist will complain C++ and PHP content will be removed for safety reasons.
We need to complain so religious fascist content is removed too
Lots of outrage at the card companies, but strangely, no outrage at the laws that actually caused this. One is the Australian law to remove that type of content and the other is the US law that says the payment processor can't participate in illegal transactions.