My Dutch bank hasn't adpoted it yet. Still on iDEAL, which makes me sad.
cocolowlander
joined 1 year ago
It's hard to find any electronics that is EU, or for that matter non-Asian. The entire electronic supply chain is in Asia centered around China, so they will have a competitive edge.
Good thing iDEAL payment system is part of EU payment initiative and has some of the lowest fees you'll see in the world. Grocery stores for example will refuse Credit Cards from Visa and Mastercard, but they'll take iDEAL payment in the Netherlands. Netherlands is not the United States.
And I know Germany won't be able to resist cheaper gas.
Highly contentious question, but Germany should bring conscription for everyone (including women) with the option of doing volunteer/civil service.
iDEAL has been acquired by WERO which is an EU initiative for pan-European payment system. Wero is being rolled out by banks in France, Germany, Belgium, Netherlands, and Luxemburg.
That's not an option for a lot of countries that are going cashless. In Netherlands (we have our own payment service) a lot of merchants are cashless.
If EU really wants to hurt the US economy, then they need to start taxing/fining US tech service like Whatsapp, Netflix, Youtube, AWS, Microsoft Azure, etc.
A lot of the cheaper new cars that working people rely on like Chevy Trax, comes from abroad.
Probably shouldn't focus on the short term stock movements.
If the Fed turns on the money printer, the stock prices will go up.
I would point to prices of housing and groceries, because that will not go down if the Fed turns on the money printer.
Go read what Russians have said about hybrid warfare stretching back 20 years. Anything to destabilize perceived enemies are seen as legitimate.