Europe Drops A New Money System — US Payment Networks Locked Out скачать в хорошем качестве

Europe Drops A New Money System — US Payment Networks Locked Out

Europe Drops A New Money System — US Payment Networks Locked Out While most of the world was scrolling past news alerts, the European Parliament just fired a shot directly into the heart of the US dollar's monopoly . And almost no one is talking about how permanent this is. Here's what actually happened that day. The Parliament held a key vote and officially gave its backing to the Digital Euro . But here's the detail that matters—they approved a version that works both online AND offline. This wasn't always the plan. Just months ago, some wanted to limit it to small, offline payments only . That idea got thrown out. Why? Because Europe realized that if they're going to build a sovereign currency, it has to work everywhere, for everything .Now, let's talk about why this is happening. Right now, US companies process nearly two-thirds of all card transactions in the eurozone . Thirteen out of twenty eurozone countries don't even have their own national card system—they're fully dependent on American firms like Visa and Mastercard just to buy groceries . The Digital Euro changes that math completely. Information and Usage Disclaimer Content shared here is produced under the guidelines of fair use as outlined in Section 107 of the Copyright Act of 1976. This allows for use in teaching, commentary, news reporting, criticism, scholarship, and research, all legally protected under fair use. For any related questions, contact us at "contact.darkspan(at)gmail.com". We will adjust or remove content as needed.