For the people who are dunking on this by saying that historically things have been fucked up:
I think the point of the tweet is that systemic development doesn't stop at capitalism.
I'm pretty sure lots of educated people during the feudal era were saying that it was the best system available and at least they were dying less often than the Romans.
Something can be Libre without it's initial distribution being free (as in beer).
That's how many distributions used to do it in the days when CDs and floppies etc weren't exactly free.
I was definitely in the same camp of thinking (I mean Hindenburg etc, duh). But there's been a bunch of studies where, because hydrogen basically immediately dissappates up and away, unless you're in an extremely cramped area it's much safer in collisions and unexpected containment breaches.
Even then, it actually poses less of a threat to life because it doesn't create smoke or burn for awhile like gasoline does.
https://www.congress.gov/bill/119th-congress/house-bill/1919
This bill prohibits a Federal Reserve bank from offering products or services directly to an individual, maintaining an account on behalf of an individual, or issuing a central bank digital currency (i.e., a digital dollar). Further, the Board of Governors of the Federal Reserve System is prohibited from using a central bank digital currency to implement monetary policy or from testing, studying, creating, or implementing a central bank digital currency, with exceptions as provided by the bill.
Oh come the fuck on what. So the plan is to hand stable dollar digital payments entirely to private entities. Super Cool.
Hydrogen is more dangerous than gasoline if it leaks
I'd love to see a source on that.
This Report by the US department of energy says otherwise.
Again, the issue is this is an American company setting American content policy internationally.
Storefronts and brands can set up local branches and sell through those using the local digital payment provider without getting in trouble with their headquarter'd country. They can't do that with a private entity that's decided to set their global content policy to align with America's.
Wed probably be in a similar place, but the advantage of a private entity being that it can bridge the already existing digital payments, so if a store big enough like steam had the option to, they could integrate with that country's digital payments directly.
True to some degree if you're an American, but this is Visa setting internal policy for American politics, and that reflecting globally.
Not every country has the same laws or politics that the US does.
You didn't say "most" on your original post. You might want to edit it if that's what you meant.
? You can get Hydrogen through simple water electrolysis. In fact you can do it at home. That's like how 4% of all hydrogen is manufactured.
The reason there's so few is because people don't want to have to figure out beforehand whether or not they can use the payment provider they have at the store they want to go to.
I've seen this happen multiple times especially in Japan when the barcode payment craze started. There were like 13 competing payment providers and now there are 2. Because people don't want to have to carry around 13 different types of card or payment types and have 13 different types of payments. They want one that works everywhere.
It's why there needs to be sovereign digital payment systems that are legally enforced.
Payment processors are monopolies for online and electronic payments because there is no global infrastructure (outside Chinese offerings) for electronic payments that don't rely on Visa and Mastercard.