Agreed, it's not as though Visa/MC will decide to exit a country altogether foregoing any revenue.
179 karma · joined December 28, 2013
See Steve Theodore’s answer on Quora for more: https://www.quora.com/Why-didnt-the-industrial-revolution-oc...
> The hackers explained that they were able to breach the banks’ sub-par security by using an algorithm to generate account numbers and then posing as customers who had forgotten their passwords.
“They were giving too much permission to half-authenticated account which enabled us to grab all these information,” the email said, adding that the system “was not checking if a password was valid until the security question were input correctly.”
Source: https://www.ccn.com/hackers-demand-1-million-in-xrp-after-br...