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close04yesterday at 4:16 PM2 repliesview on HN

The most obvious difference being that unlike China or India, Europe (or the EU) is not a single country. This doesn't make things impossible but certainly complicates them.


Replies

laksjhdlkayesterday at 4:22 PM

Exactly, now that the internet is ubiquitous, none of the problems with replacing credit card companies like VISA are really technical. They are regulatory, they are political, they are social.

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graemepyesterday at 5:13 PM

The sensible thing would be to do it by currency area - e.g. the Eurozone.

Technology and some systems could be shared.

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