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Title: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: CryptoCurrencyInc.com on June 03, 2014, 02:57:29 AM Citi: Bitcoin a Threat to Debit and Credit Card Issuers
http://www.coindesk.com/citi-bitcoin-debit-credit-card-issuers/ Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: Ron~Popeil on June 03, 2014, 03:08:58 AM I hate to agree with a bank but they are exactly right. The peaceful revolution is just beginning.
Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: Elwar on June 03, 2014, 04:52:51 AM They are also a threat to Citi.
Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: TrailingComet on June 03, 2014, 06:03:24 AM About time they woke up the threat of btc
Not that awareness is going to help them! Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: beetcoin on June 03, 2014, 06:15:04 AM i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin.
Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: SatshiFan on June 03, 2014, 06:27:23 AM Citi: Bitcoin a Threat to Debit and Credit Card Issuers http://www.coindesk.com/citi-bitcoin-debit-credit-card-issuers/ No shit, I pay with my Android app, scan the code, type amount and hit send way faster than pay with a card. I happen to be in a country where they only accept cards with PIN+Signature too... very annoying. Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: Ron~Popeil on June 03, 2014, 06:39:31 AM i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin. They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: Kprawn on June 04, 2014, 12:58:32 PM i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin. They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Do you have proof of that? Or is that just speculation? Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: beetcoin on June 04, 2014, 06:35:12 PM i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin. They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Do you have proof of that? Or is that just speculation? there was a post on this forum about it a week or so ago. you can just google it yourself. i don't know how much swing they have though, and how much support btc truly has in congress. we need our own lobbyists after all. since satoshi is worth so much, it wouldn't hurt to see him drop a few million to win some "lawmakers" over, and pay them in btc.. so that htey have a stake in it, which means they'd less likely turn on bitcoin. Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: Musent on June 05, 2014, 02:24:19 AM I agree mostly with what they said. Pretty spot on.
Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: Ron~Popeil on June 05, 2014, 06:46:54 AM i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin. They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Do you have proof of that? Or is that just speculation? there was a post on this forum about it a week or so ago. you can just google it yourself. i don't know how much swing they have though, and how much support btc truly has in congress. we need our own lobbyists after all. since satoshi is worth so much, it wouldn't hurt to see him drop a few million to win some "lawmakers" over, and pay them in btc.. so that htey have a stake in it, which means they'd less likely turn on bitcoin. We need to start bit pac and start buying our own politicians. Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: beetcoin on June 05, 2014, 06:50:24 AM i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin. They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Do you have proof of that? Or is that just speculation? there was a post on this forum about it a week or so ago. you can just google it yourself. i don't know how much swing they have though, and how much support btc truly has in congress. we need our own lobbyists after all. since satoshi is worth so much, it wouldn't hurt to see him drop a few million to win some "lawmakers" over, and pay them in btc.. so that htey have a stake in it, which means they'd less likely turn on bitcoin. We need to start bit pac and start buying our own politicians. i guess the power players that we have (the big guys who own a shit ton of bitcoins) will be our guardians.. not necessarily because they care about bitcoin or the cause, but because they have so much at stake. Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: Ron~Popeil on June 05, 2014, 06:51:32 AM i really hope citi doesn't consider it a big threat.. they'll group up with their banking compatriots and buy the shit out of washington, and the magically all of a sudden.. a majority of our elected officials will be absolutely against bitcoin. They will do that either way unfortunately. Mastercard has all ready hired lobbyists to do it. Do you have proof of that? Or is that just speculation? there was a post on this forum about it a week or so ago. you can just google it yourself. i don't know how much swing they have though, and how much support btc truly has in congress. we need our own lobbyists after all. since satoshi is worth so much, it wouldn't hurt to see him drop a few million to win some "lawmakers" over, and pay them in btc.. so that htey have a stake in it, which means they'd less likely turn on bitcoin. We need to start bit pac and start buying our own politicians. i guess the power players that we have (the big guys who own a shit ton of bitcoins) will be our guardians.. not necessarily because they care about bitcoin or the cause, but because they have so much at stake. Sadly that is the American system in a nut shell. Title: Re: Citi: Bitcoin a Threat to Debit and Credit Card Issuers Post by: freedomno1 on June 05, 2014, 06:56:27 AM Read this on the press forum the other day
So of the opinion well at least they acknowledge Bitcoin Now they are off to lobby against it ;) |