As more and more people begin to acclimate to pseudo block chain currencies and more governments adopt them–the dominance of both banks and Visa/MasterCard as major payment processing platforms will recede. In 2021 Visa’s net revenue was 7.1 billion dollars according to a Barron’s financial report; while MasterCard nabbed more than 18.8 billion. New tech…
Tag: cryptocurrency
Row Over ECO Currency Reveals External Controls
The latest developments coming out of Africa further solidifies the notion that the currency tides are turning. It was only a few decades ago that the U.S. Dollar and Oil/Dollar reigned supreme, despite its lack of actual intrinsic value. It is important to note, that in 1971 when former U.S. President Richard M. Nixon un-pegged…