Replying to Avatar Strypey

nostr:npub1l3gpk6vrudg8r67swqlex5alv9ch59s4lw46kk6hekuxe2n3aczsyqvu48

> are those government-created payment systems

Sadly, no (except for cash). EFTPOS was set up by a consortium of banks, building on the tech they'd already rolled out for ATMs. It's now a duopoly, like so many things here:

https://en.m.wikipedia.org/wiki/Debit_card#New_Zealand

The debit/credit cards are mainly Visa/ MasterCard. POLI was created by an Ozzie company:

https://en.m.wikipedia.org/wiki/POLi_Payments

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nostr:npub1l3gpk6vrudg8r67swqlex5alv9ch59s4lw46kk6hekuxe2n3aczsyqvu48

I'd love to see a payment system using QRCodes and apps, like they have in China, but vendor-agnostic. Not controlled by two tech corporations. Something that would work online *and* in person. I'm intrigued by both InterLedger and CBDCs as potential ways of doing that.

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nostr:npub1trdnqrfstufc45awha43p6xy2n0v6czuhapzh4r09hap08dg0c6s9gussx

Wouldn't QR codes have a risk of some kind of race condition if someone is able to scan it before the intended recipient?