Title: Bitcoin/Crypto will make all payment processors including banks obsolete. Post by: Bitcoinpro on September 08, 2014, 08:38:41 PM All will continue to operate for some time, mostly the banks because of the fiat handling facilities
though they could reach a rather speedier demise than what we are imagining, speculation at the time frame would be only an educated guess at best. Payment processors like paypal/credit cards could survive from a purely transaction insurance standpoint though they would need sufficient capital restructure and reorganization. |