this post was submitted on 26 Jul 2025
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[–] deathbird@mander.xyz 31 points 22 hours ago (6 children)

I truly don't understand how Visa/MasterCard/etc can be pressured. They are basically infrastructure.

What's someone going to do, stop using credit cards if they don't stop a store that person even patronize from selling morally hazardous goods?

I don't get how these campaigns are even effective.

[–] Vinstaal0@feddit.nl 3 points 6 hours ago

The thing is they are American corporations who care to much about their public image. I would be highly suprised if they national payment platforms would also accept this. (ideal/bankcontant/wero/etc)

[–] MysteriousSophon21@lemmy.world 5 points 17 hours ago

They pressure payment processors through reputation damage and regulatory threats - these companies are terrified of being associated with anything that could trigger banking regulations or get them labeled as "enabling" problematic content in the media, its purely a risk management desicion for them.

[–] Cocopanda@lemmy.world 3 points 16 hours ago

Probably just worried Trump will over regulate them if they don’t fall in line with the Christian Radicals.

[–] finitebanjo@lemmy.world 8 points 21 hours ago

Debit Cards, too.

[–] plyth@feddit.org 1 points 22 hours ago

Supposedly there was a ruling in California that made them responsible.

[–] sugar_in_your_tea@sh.itjust.works -3 points 16 hours ago (2 children)

Cryptocurrency is the solution here, and unfortunately that's an unpopular take here.

[–] RedFrank24@lemmy.world 22 points 16 hours ago (1 children)

That's because 90% of cryptocurrency marketing consists of "THINK OF THE GAAAAAAINS YOU CAN MAKE!" instead of "You can use this to buy things without government censorship".

The entire crypto industry has based itself around being a speculative asset, not a currency.

[–] sugar_in_your_tea@sh.itjust.works 3 points 16 hours ago (2 children)

Which is really unfortunate. If you avoid the most popular coins (Bitcoin, Ethereum, etc), you avoid most of the scams and speculation and end up with a decent currency that respects your privacy and has low fees.

[–] pewgar_seemsimandroid@lemmy.blahaj.zone 6 points 14 hours ago (1 children)

Yup, Monero is probably the best option. I've heard good things about Z-cash, and Bitcoin can work on the lightning network.

[–] cannon_annon88@lemmy.today 1 points 15 hours ago (1 children)
[–] sugar_in_your_tea@sh.itjust.works 5 points 14 hours ago (1 children)

Monero is perhaps the best option imo. Here's the official page about it, but basically:

  • not profitable to mine, so most miners are enthusiasts who want the coin to succeed
  • privacy-focused - basically creates a ton of fake transactions to mislead snoopers
  • relatively popular - seems to be the most popular coin recommended by privacy enthusiasts (e.g. Mental Outlaw, he even gives a discount on his store for Monero)
  • not popular among speculators - they mostly stick to the big ones (BTC and ETH), as well as new startup coins
  • low cost transactions, fairly short transaction window

It's far from ubiquitous, but it's popular enough that if a place accepts any crypto, there's a good chance they accept Monero as well.

[–] Honytawk@feddit.nl 1 points 3 hours ago

Is it really the best option when no business uses them?

[–] emmy67@lemmy.world 3 points 12 hours ago (1 children)

Not when exchanges still govern taking money out. They are businesses like everything else and will be just as risk averse

It's pretty easy to switch between cryptocurrencies, so they can surely find an exchange that is friendly to their business. That's way better than the credit card situation where there are only four major processors--Visa, Mastercard, Discover, and American Express--and only two of those actually matter.