The Visa/Mastercard duopoly fleeces $138 billion a year from consumers — $900 per household.
Then they block out new competitors, locking in their 50% margins, 80% market share. They actually pay their potential competitors (Apple) NOT to compete against them.
The swipe fees
Liberals are weird. I welcome them to X and never call for them to be banned because of political opinion.
They hate the thought of us having a voice. As soon as Elon took over, they went nuts. They keep creating platforms because they want an echo chamber.
Why do they
Your taxes fund a $500 billion army of activists government uses to do the dirty work it's illegal for them to do.
From censoring and debanking conservatives to literal coups d'etat, DOGE is going to uncover mind-blowing corruption.
@pmarca@elonmusk@VivekGRamaswamy
Justice DEI Jackson can’t say what a woman is, but this fool wants you to think a piece of paper actually makes her smarter than the rest of us 😂😂😂 https://t.co/FjSnB37PZ1
Riley Gaines, who has a BA from the University of Kentucky, thinks she's qualified to judge the legal chops of a judge who graduated magna cum laude from Harvard and cum laude from Harvard Law School.
Alejandro Mayorkas received 56 votes and absolutely destroyed Homeland Security, yet Republicans can’t get one guy confirmed on our size?
The swamp is still swamping I see
Hawk Tuah girl has thrown it all away today on a crypto scam.
She had a good thing going and was famous with a lot of positive goodwill because she was funny and likeable.
Mastercard is raking in profit margins of over 44%, and Visa is pocketing over 55%.
This duopoly is charging WAY higher swipe fees than consumers pay in Europe or Canada. There is more competition in the payment networks elsewhere. MC and Visa are paying competitors (Apple,