This is a classic example of watching the bomb fall and ignoring the bombers in the sky that are carrying thousand more of those bombs.

Yes, one of the 4 credit card companies are going. But guess what? The rest of the 3 are also going to be wiped out.

Why?

Because the entire credit industry is an integral cog in the fiat currency beast financial system.

Credit is EVIL.

Let that sink in, before complaining how one of the credit card companies are disappearing.

Its like watching one of the big banks disappear and feeling sad that we are losing competitiveness within banks.

The signs for this has been written all over the walls. More and more shops that used to say "No Cash" in 2021, are now putting up signs "1.5% surcharge for credit card transactions. Additional for Amex"

My prediction? Next to go will be Amex. And finally the VISA and Mastercard. All the salvagable parts of these companies will probably be assimilated into the new non-debt backed financial system.

u/Brent75