Bloomberg:
Elon #Musk 's X announced a partnership with Visa on Tuesday that would allow users of the social media platform to send money to one another
@GottaLaff@mstdn.social so visa is making direct money off of fascists now, good thing my new card is a mastercard
@GottaLaff Just give Elon your credit card into and you are good to go...
A fool and their money…
@GottaLaff he never had an original idea ever. He’s trying to reinvent PayPal/venmo which was a reinvention of Western Union which was a reinvention of monastic banking.
@GottaLaff
Oh, great. He's going to do to Visa what he did to Twitter.
@Wileymiller @GottaLaff Okay, so is MasterCard something else, or is it just a rebranded version of Visa?
@Wileymiller @GottaLaff This "no ethical consumerism under late capitalism" thing is getting increasingly difficult to navigate.
@ClimateJenny @Wileymiller @GottaLaff
MasterCard and Visa are nearly identical, but competing transaction processing networks.
Banks sign up with one or the other (or even both) to offer credit and debit cards with the bank's name on it (most "store" credit cards like JC Penney, etc. are issued by large consumer finance banks such as Citi or Synchrony, who in turn, contract with VISA & MC to process the transactions).
@Wileymiller To the world
@GottaLaff Making it easier for the "faithful" to purchase Trump griftable items from him and each other?
The tech industry has wanted to sidestep banking oversight & financial regulations for a long time. Tax evasion is part of it.
Cryptocurrency is a vehicle for foreign money in elections, straw donor schemes, & malign influence campaigns. AI helps hide the money laundering.
Meta's Zuckerberg is visibly panting over access to user's banking.
https://www.tomshardware.com/news/banks-data-sharing-facebook,37556.html
https://www.kaspersky.com/blog/facebook-banking/23797/
https://www.wsj.com/articles/facebook-to-banks-give-us-your-data-well-give-you-our-users-1533564049
@Npars01 @Atticus1956 @GottaLaff Because it's a joint Thiel/CIA scam at its inception?
@Npars01 @GottaLaff One of the reasons for my toot.
@GottaLaff Not a good look #Visa. I can't understand anyone who would want to cozy up to #xitter right now.
BAHAHAHAAAA!!!
@GottaLaff
What could possibly go wrong?
@GottaLaff convenient link: https://www.mastercard.us/en-us/personal/find-a-card.html
@GottaLaff well, so much for Visa…
@GottaLaff time to cancel my existing Visa card
@GottaLaff gosh I’m glad my cards are MC and JCB
@GottaLaff
And they are worried about China getting their data...
These people crack me up.