487 karma · joined January 6, 2025
With visa and Mastercard you pay transaction fees and rent for a card terminal aka card reader, which are lower or non existent with these homegrown or local P2P payment systems. Outside western developed countries aka the US and the richest European countries like France, Germany, that's enough to stop using visa and Mastercard.
Maybe we hear about it because, it's right in the US' backyard and the biggest country there is Brazil from which pix comes from. All these payment systems threaten visa and Mastercard but pix is the largest in the US' backyard because the country it comes from, Brazil, is the largest there.
And it's also government run, dun dun dun. The us hates anything that is government run. That's why they hate china and communists and socialism so much.
I don't think it's enforceable or even applicable here. "The 3rd Circuit distinguished Thomson Reuters' case from other AI training cases. Unlike the technology in those cases, Ross' search engine did not feature generative AI — AI that creates new content "
this comment is misleading.
Yes I know this is not exactly the subject of the article but brain scanning which is how this was done could be used for those things too.