European payments groups join forces to challenge US dominance
Thread
Unofficial Hacker News client; not affiliated with Y Combinator.
European payments groups join forces to challenge US dominance
Unofficial Hacker News client; not affiliated with Y Combinator.
petcat · · focus · HN ↗
I'm not sure that replacing Visa and MasterCard is really that big of a sovereignty move considering the pervasive dominance American mobile OS tech has. It's a much harder ecosystem to replace.
jeroenhd · · focus · HN ↗
Wero can fix the dependency on Google in a day, I don't think the dependency on Google is as bad as the broader dependency on Mastercard/Visa is.
That said, I'd much prefer a European implementation of the same remote attestation APIs that Google uses to convince payment processors that phones can be trusted to manage finances.
On iOS you don't really have a choice so until someone runs Linux on an iPhone, iPhone users are just screwed.
petcat · · focus · HN ↗
You're basically talking about "government Android phone" since it is built into the chips on the device.
I wonder how 330 million average Europeans will respond to not being able to use iPhones or Google Android phones anymore because they are instead being forced to use "government Android phone" for safety from USA.
I think they'll actually just revolt against the government instead
zb3 · · focus · HN ↗