What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?
What if you woke up tomorrow and completely lost access to your bank account, credit cards, PayPal, and Venmo, all because of something you posted online?
That fails the point. Wero is good because it breaks open a duopoly and mitigates the risk that the US can bring the European economy to a halt via Visa/Mastercard.
More comoetition is good, monopolies aren’t. Nor would a Wero monopoly be.
From a strategic view Wero is extremely important for Europe. You are looking from a cery different view on the topic but that does not invalidate that other view per se.
My own views are that we need a balance of control and chaos. Both extremes have substantual downsides.