Chief of Dutch Central Bank: US influence on payment systems is concerning, working on alternatives for Visa and Mastercard.
Chief of Dutch Central Bank: US influence on payment systems is concerning, working on alternatives for Visa and Mastercard.
Pinbetalingen kunnen gebruikt worden als drukmiddel omdat ze via Amerikaanse bedrijven lopen. "Onwenselijk", noemt DNB dit risico.
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If anything, I'm really glad how Europe has stepped up and started cooperating more as a consequence of US actions these past few months.
The Chinese jokingly call Trump "Comrade Jianguo", because of how his trade war has made China become more independent and stopped relying as much on American companies.
In the same way Trump's latest tantrum seems to be good for the Europe.
That's the Trump bump! And it's only been eight weeks.
Or is it hump ๐ค?
Soon to be the Trump depression, but probably only for America.
If it is, it will be crippling. There's enough misery on that country as it is; I don't want to see people suffer even more. But then again, maybe a systemic shock rattles the building enough.
The world economics is more interconnected that ever. Remember the crash in 1929 and what happened in the rest of the world. It's not going to be just America.
Look into Wero. Only a couple countries and people to people payments for now, but should take off quickly as a universal Euro payement method
It's about time.