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Old 05-17-2005, 07:53 PM  
mrthumbs
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Join Date: Apr 2002
Location: mrthumbs*gmail.com
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Do creditcard companies (visa, mastercard etc) own the internet?

Nothing 2257 related but please correct me whats wrong with my thinking pattern.

Just imagine they would stop doing internet transactions or any sales initiated from the internet (not possible and would never happen but just imagine) that would kill lets say 80% of the internet turnover?

The only people making money from the internet would be isp's and this place would turn into a service/informational network possibly regulated by governments because nobody else has interest in the network and to defend it.

It would turn websites like amazon and the zillion smaller retailers worldwide
in online catalogs just like we had them 40 years ago.

Targetting the major credit card companies (all located in the Us) gives the Us government control over the internet worldwide.
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