Another argument for turning finance into a public utility. Instead we have diff... | Hacker News

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		grafmax 9 days ago \| parent \| context \| favorite \| on: Banks and Credit Unions to Team Up Against Apple P... Another argument for turning finance into a public utility. Instead we have different factions of rentier capital competing for who gets to parasitize us.
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gruez 9 days ago [–]

>Another argument for turning finance into a public utility

There already is a public option in the US, FedNow. In EU there's SEPA instant.

grafmax 9 days ago | [–]

Not quite. FedNow is public payment infrastructure for institutions. Apple Pay is consumer-facing.

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