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Cake day: July 11th, 2023

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  • That’s definitely another workaround, for sure! I think our supermarkets here carry Steam gift cards - for example.

    Though I imagine that those same payment processors could threaten to pull out of stores that carry Steam gift cards, and we’d be back to square one.

    Additionally, it puts more burden on the end users to have to physically shop somewhere ahead of time - lowering convenience. Ultimately, as Valve themselves put it - piracy is a service problem. Any additional hurdles will deter some potential customers.

    So in order for people to be able to spend their own money how they see fit, we need a new player in the field - either fiat (eg. via the EU) or reliable, low/no fee stable coin(s).













  • thatKamGuy@sh.itjust.workstomemes@lemmy.worldHave fun
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    16 days ago

    Norway’s Sovereign Wealth Fund is currently valued at. ~$1.9 trillion USD.

    They have a population of ~5.6m people.

    They works out to be ~$340K USD for every man, woman and child in the nation. That’s a lot, but not anywhere generational levels of wealth.

    Mind you, the above numbers aren’t perfect as it doesn’t take into consideration non-citizens living in Norway (who may not be eligible), as well as ex-pats living abroad (who would).