VISA has collapsed

[IndigoRed]

No company, product or service is perfect. It’s quite normal to hit a few rough patches every now and then. What is important is that it fixes its issues and comes out stronger than ever. And for sure Visa is working harder than ever to improve their service to prevent Bitcoin from taking over.

[xeomthanhpho]

Well. Extra confirmation that there is no ideal system. Even a time-tested VISA payment system fails ))

right. no system that has no holes at all ) Who Am I

[HabBear]

VISA suddenly collapsed...BTC has never crashed..
The era of digital money is approaching? BTC go to moon?

This is FUD of the worst kind, because it falsely pumps up the opportunity for Bitcoin by implying that incumbent options are failing...which they aren't.

https://www.birminghammail.co.uk/news/midlands-news/why-visa-card-system-collapsed-14733822

This was an isolated incident, not a global collapse. And guess what, they're back online now and consumers barely noticed the outage. Let's not over state the opportunity here.

[Linhkej]

VISA suddenly collapsed...BTC has never crashed..
The era of digital money is approaching? BTC go to moon?

That is just a technical error and they are working to fix it. That's not a fall. The era of Crypto has not come yet, it needs a long time to prove the virtue it brings to the world. In addition, it needs to be edited in so many ways. It needs to be transparent in transactions, investment deals need to be rigorously managed to avoid fraud.

[vnck25]

I think the VISA network is back to normal! That's what matters if we experience a permanent breakdown or frequent breakdowns then that becomes and issue.
However, this was a temporary issue which VISA resolved it quite quick! As mentioned else where Bitcoins has its own issues to be used as a currency, even as a cryptocurrency bitcoin crashed earlier  because of scalability issues etc.  Learning from mistakes, new advances in technologies will make cryptocurrencies more
suitable to be used as a common global currency that is fast, reliable and cheap to transfer.