> this kind of thing should be decided upon with public debate [...], where [...] processors are compelled to accept [...] currencies if [they become] legal tender.
Isn't that exactly how it works right now? The "public" don't get to decide directly because that's what governments are for, but if a currency becomes lagal tender, people do have to accept it.
> A private company gets to decide how and when we can spend our money.
No more so than before. Now you can also spend crypto when buying through PayPal. You can still spend crypto elsewhere and you can spend fiat with PayPal and elsewhere.
Isn't that exactly how it works right now? The "public" don't get to decide directly because that's what governments are for, but if a currency becomes lagal tender, people do have to accept it.
> A private company gets to decide how and when we can spend our money.
No more so than before. Now you can also spend crypto when buying through PayPal. You can still spend crypto elsewhere and you can spend fiat with PayPal and elsewhere.