> The problem isn't digital cash, the problem is having payment infrastructure that's controlled by only one or two companies (like Visa and Mastercard). Payment infrastructure needs to be neutral with multiple payment providers on it, so when a bank is being unreasonable, you can just switch to another.

But we know this isn't going to happen. At least not in the US. We have seen a massive consolidation of power in nearly every sector of the economy. That's not going to change. Nobody in our government seems to think it is a big enough problem to do anything useful to stop it.