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Author Topic: Visa: Bitcoin Has a Future in Payments  (Read 760 times)
erikalui
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July 09, 2015, 04:59:52 PM
 #21

Visa is more reputed and trustworthy with regards to bitcoins and hence the former adopting the later is highly not possible. Visa just recognizes the growing popularity of bitcoins but does understand that it cannot adopt bitcoins.
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July 09, 2015, 05:01:05 PM
 #22

Visa is more reputed and trustworthy with regards to bitcoins and hence the former adopting the later is highly not possible. Visa just recognizes the growing popularity of bitcoins but does understand that it cannot adopt bitcoins.

Visa is leading all the world with their cards/service/
What will happened if the stress test will affect the visa? lol everywhere will be a mess Sad

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July 10, 2015, 04:45:53 PM
 #23

Their perspective is pretty interesting, unlike MasterCard which attacks bitcoin every chance they have.

Yes, they at least sound open to its usefulness.  Having a well know and used payment processor like Visa may be the key to mass adoption, not necessarily just merchants.  Think about it, it they will work with btc, the merchants may not even have to do anything differently!  Just swipe a Visa, and select to pay in usd/btc, visa takes care of the conversion if the merchant just wants fiat!  That would be revolutionary!
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July 10, 2015, 05:00:11 PM
 #24

Their perspective is pretty interesting, unlike MasterCard which attacks bitcoin every chance they have.

Yes, they at least sound open to its usefulness.  Having a well know and used payment processor like Visa may be the key to mass adoption, not necessarily just merchants.  Think about it, it they will work with btc, the merchants may not even have to do anything differently!  Just swipe a Visa, and select to pay in usd/btc, visa takes care of the conversion if the merchant just wants fiat!  That would be revolutionary!

That's true having Visa adopt bitcoin could become the key to mass adoption, but that would make bitcoin become centralized.
You couldn't get your private key & no more anonymity. Also, it means you have to pay more fee Sad

Use SegWit and enjoy lower fees
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