The more time goes on, I'm starting to come around to paypal's original vision of decentralized internet-native money as being the future.

The more the international system breaks down and countries abuse their power via the banking system (especially the US, and from both parties), my opinion of cryptocurrencies transitions from "annoying scam infrastructure for hucksters" to "actually...you might have a point." Still a ton of growing up that needs to be done by the industry.

But no company or country should be able to tax the global economy via payments monopoly and you should not be able to be arbitrarily banned from the economy by these global supra-national intermediaries that have no court system and no democratic levers to pull to reign in their overreach in your country outside of desperate social media posts.

Stripe brags incessantly about how much of global GDP they facilitate...which, cool. I don't doubt there's an insane amount of work required to herd all those global cats and make payments just work. But, they're literally taxing the entire world as a % of GDP due to this dystopian legacy system? Is that the best outcome for humanity?

It doesn't have assets? It's not a bank

Is it because PayPal is integrated already into so many websites?

Wouldn't it take decades to make back $50 Billion in fees?

Cool, awesome, that's gonna be a great monopolistic picture for those that get unbanked across the entire Internet.