@coolboymew Apparently, it's secretly extensible as all of the effects are XML files.
So this 'loophole' lets banks charge whatever they want to merchants when it comes to credit/debit card fees, but ultimately it's something that increases the prices you pay every time you swipe your card, but the real problem isn't what they charge or can charge via this loophole, but the government's fixing of the market through regulation that artificially restricts competition in the market place:
"Now, big banks are looking on with envy because owning a network can mean exemption from a federal law that caps debit-card fees. Those fees collectively amount to billions of dollars each year across the industry, but banks have long complained the government-defined cap limits their ability to offer customers debit-card rewards and other services. Some have been exploring a small deal that could upend the rules, though they are worried about political backlash if they try."
The left hates technical solutions to economic problems, and the right is equally as bad even if in slightly different ways (it's not like they tried to end regulation of the financial industry that inhibits competition).
Point being we have a ton of perfectly acceptable solutions to high fees via cryptos, but regulators have cracked down on companies supporting cryptocurrencies like Monero making it more difficult for merchants to offer solid alternatives.
It gets worse though because the intermediaries that merchants use to take cryptocurrencies are being pressured not only into abandoning support for privacy friendly cryptos like Monero, but they're also being forced into doing absurd "know your customer" crap of downstream customers. They're taking people's crypto and refusing refunds b/c they 'fail' some "KYC" test. It's not just crypto, but prepaid cards too.
🪙 Sound Money Could Break the Fed’s Grip
States are creating a path to kill fiat
Not with Congress, but with coins
Kill the taxes
Legalize gold and silver
Use it like cash
That’s how you reverse Gresham’s Law
And make fiat irrelevant 👇
https://tenthamendmentcenter.com/2024/12/06/reversing-greshams-law-how-sound-money-could-drive-out-fiat/
Mini-PCs are so underrated. They're so much better than those crappy all-in-one PCs as they are much more repairable and can even be mounted to monitors to serve the same function. Plus, they're perfect for home servers or emulation boxes.
Also, it's just nice not to be doing 100% of my computing on laptops.
@mr_penguin
>Mastodon is just the most feature rich variant.
That's not true. Pleroma (and it's forks) have emoji reactions, shoutbox, BBCode and LaTeX formatting, WEBP support, and multiple front-ends.
The only reason I'm using a Mastodon server is that this is the only gaming related server (Mastodon or otherwise) that isn't block happy.
And I wouldn't recommend switching to Pleroma or Misskey as it would probably break federation (notice how Mastodon URLs have the @ symbol in them while Pleroma doesn't). Though if you want those features, Qoto's Mastodon fork includes some of them.
@kirch@tilde.zone I am not very politically neutral. But I do disagree with this statement.
I am not a fan of "You're either with us or you're against us" type arguments. They only fuel the culture war even more and increase the amount of segregation in our society.