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Visa Could Ruin the Internet (youtu.be)

submitted 5 days ago by ratrace@lemmy.zip to c/privacy@programming.dev

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What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?

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[–] toebert@piefed.social 3 points 5 days ago

Yeah, it's probably part of it! Banks are even more obvious about it. E.g. in the UK where crypto is a taxed and somewhat regulated thing, most of the banks have taken the stance of rejecting any payments to and from(!) exchanges, even if they're approved by the government. All because it's "high risk so they want to protect users". No such issue with gambling though, obviously.