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Europe builds its own payments system to challenge Visa and Mastercard (www.youtube.com)

submitted 3 days ago by Sunshine@lemmy.ca to c/buyeuropean@feddit.uk

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[-] whatthey@feddit.uk 30 points 2 days ago

The US will absolutely panic once this starts to spread.

They will have no control, and no eyes on what Europe does with its money.

Power to the EU.

No doubt they are lobbying hard to bring this to the attention of Jabba the Trump.

Now UK has to step up and join

[-] NigelFrobisher@aussie.zone 7 points 2 days ago

We’re calling it Super Money.

[-] Scrollone@lemmy.zip 2 points 2 days ago

We're calling it Super Money And John F. Kennedy Center for the Performing Arts

[-] tb_@lemmy.world 7 points 2 days ago

Brazil and India already have their own systems which are up and running.

[-] cinoreus@lemmy.world 5 points 2 days ago* (last edited 2 days ago)

Yeah, I was shocked to learn how dependant EU was on American technology.

I think it boils down to national pride. Both Brazil and India took pride in making their own payments system. Eu was pretty chill until uncle Donny came.

It's like, don't try to fix what's not broken, and Trump broke it. Though honestly, they should have started earlier, I think as early as Trump's first term.

[-] unidentifiedfelineobject@lemmy.blahaj.zone 5 points 2 days ago

nah, all the US government has to do is ask Apple and Google to delist the wero app and it'll be cooked

digital sovereignty and mandatory locked down rectangles are fundamentally incompatible

[-] jabjoe@feddit.uk 15 points 2 days ago

That won't fly. The EU is a massive market for Apple and Google they won't want to lose.

But hey, I'd love those monopolies to burn too, so be great to see the problem of them highlighted like that.

Digital sovereignty is suddenly a hot topic.

[-] Sunshine@lemmy.ca 5 points 2 days ago

Trump and data brokers will lash out if people just simply used cash.

this post was submitted on 11 Oct 2026

353 points (99.7% liked)

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