It's unlikely that web3 will solve it; cryptocurrency already exists, and its many serious issues are not going to be solved by a fresh coat of paint or "moar adoption".
If you want an actual solution, look at FedNow. This would enable direct bank account payments, like in most of Europe, with a government-run intermediary in the place of MasterCard/VISA. This changes the censorship situation from "four out of four must accept" to "one out of thousands must accept".
If you want an actual solution, look at FedNow. This would enable direct bank account payments, like in most of Europe, with a government-run intermediary in the place of MasterCard/VISA. This changes the censorship situation from "four out of four must accept" to "one out of thousands must accept".