Earlier quoted context omitted.
Rip the band-aid off and take some hairs with it!
Very. They (China, Russia, India) are calling it "the multi polar world". Knocking swift, visa, mastercard and the dollar out of every country they can has been a goal for years, and now they are handing it them on a plate. Sigh.
MasterCard suspends all services in Russia
371–380 of 384 posts
Re: MasterCard suspends all services in Russia
#372Earlier quoted context omitted.
So individuals who recently left Russia out of fear for the regime and may be in very vulnerable positions have potentially unexpectedly lost access to their funds until they can sort that out... Meanwhile, for The Real Russians, business as usual. This looks like theatre hurting the wrong people.
Anyone who ran across the border and hoped to get their savings from inside Russia once out were naive (or more likely just in a hurry). This is one of few good use cases for cryptocurrency.
Re: MasterCard suspends all services in Russia
#373Earlier quoted context omitted.
> It isn’t money if it is loses 60% of its value in a couple of hours with additional fees I didn’t agree to. Like the ruble? Anyway, are you aware of stablecoins?
You mean like Tether and USDC? I am sure they are audited and regulated with no scams right?
Re: MasterCard suspends all services in Russia
#374Earlier quoted context omitted.
So you suggest we keep the economy of Russia going? That way the common Russians don't feel any consequences. Too bad we will all still fund the bombs that are dropping on Ukrainian houses and apartments. Ukrainians can also end a lot of suffering by just agreeing with what Russia is requesting. It seems they decided not to.
You're suggesting that common Russians feeling "consequences" will change the war and I would like to disagree. They can do next to nothing, with a high stake. Most of the sanctions, especially the ones that certainly would not affect oligarchs or government personels, are purely psyops and a political gesture of the west.
You misread my comment: I said that you want to save the impact on normal Russian and keep feeding the war economy. I suggest to stop feeding them money for their army, and the consequences on the common Russian is something that can't be avoided.
Re: MasterCard suspends all services in Russia
#375Earlier quoted context omitted.
Very. They (China, Russia, India) are calling it "the multi polar world". Knocking swift, visa, mastercard and the dollar out of every country they can has been a goal for years, and now they are handing it them on a plate. Sigh.
Probably just a matter of time until people start to avoid buying China or India products too
Re: MasterCard suspends all services in Russia
#376Earlier quoted context omitted.
Let's say you feel responsible. I believe a lot of Russians feel awful to their stomach, too. What now? Are you willing to risk your job, housing, wellbeing and the wellbeing of your families to protest, knowing that protesting will not change anything at all? IIRC in this round the Russian government are drafting the people who were arrested in the anti-war protests.
Why would they be able to arrest them? Have you ever seen riots where people throw rocks at the police? For 10 years in jail, you better make sure you give them a reason for 10 years. When you see those Russian protesters, they are all so compliant it blows my mind. Throw rocks and get the fuck out. It ain't a crime if you don't get caught.
People throw stuff in riots where they have somehow figured out that the police won't open fire, or intentionally shot a rubber bullet in a way so that it'll do permanent damage (e.g. aiming the eyes), or use water canon with the intention of permanent damage (e.g. aiming at head & neck). If a crowd appear to be calm and compliant, or if people are enraged but can't bring themselves onto the street to protest - that is because of fear and really nothing else.
Protesting and rioting is absolutely different under dictatorships. It might be a right or a minor misdemeanor in the western world. I can assure you that it is a crime, worse than felony because this enters the lawless realm, in a lot of places.
Re: MasterCard suspends all services in Russia
#377Earlier quoted context omitted.
Probably just a matter of time until people start to avoid buying China or India products too
It seems mostly to be about oil, plastics and silicon - especially rare earth based silicon.
Re: MasterCard suspends all services in Russia
#378Earlier quoted context omitted.
There are dictators doing crazy things all around the world, you just hear about this one more.
This one poses the most danger to us all, far more than tin-pot dictators elsewhere. It’s right to be prioritising this.
Re: MasterCard suspends all services in Russia
#379Earlier quoted context omitted.
This one poses the most danger to us all, far more than tin-pot dictators elsewhere. It’s right to be prioritising this.
Syrians, Iraqis, Libyans, Yemenis, Palestinians would agree wholeheartedly. "Russia is the greatest threat to us all".
The same would be true of China invading Taiwan.
Re: MasterCard suspends all services in Russia
#380Excellent! I hope this will at least make Putin less popular. And hopefully he will be replaced with somebody else. The biggest mistake Putin made is that he was under impression that Russia can survive alone and isolated. That might be possible in 60s but not any more.
It doesn't work this way. For decades, media had been talking about how the collective West hates russian people and want Russia go down in flames. Now everybody sees it's true. I predict Putin's rating will be sky high in the upcoming months
World: No we don't.
Russia: Don't lie, you hate me!
World: Again, no.
Russia: punches world in the face
World: We hate you.
Russia: See, I told you!