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Solving the coordination problem in FOSS is one of the grand challenges of humanity. If we solve it, I think it will effect a tectonic shift with far reaching implications and fixes major socioeconomic problems like wealth concentration. Eg: a FOSS alternative to Visa, and of course Windows/MS Office.


> FOSS alternative to Visa

Software, or lack there of, is not the reason for Visa/Mastercard ruling the marketplace.


What is? I agree that there is a lot more to this industry than software but that is the first foundational/enabling piece.

They may have a duopoly currently but its a matter of when, not if, that it is broken


If Visa loses its position, it'll be replaced by something fairly similar. It serves the interests of the system.

Why? Unchecked capitalism, lobbying, corruption, politics, societal needs[1], realpolitik[2].

[1]: E.g. legal system requiring KYC to investigate money laundering.

[2]: In the positive sense; see items 2-4 for the negative sense.




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