Hi,
I am having a sort of newbie question.
I was looking by google and this forum to know any type of crypto to replace Visa/Mastercard type of work,... I didnt find any.
Is there any kind of this one available or anyone has an idea to make to compete with these Visa/Mastercard/Cirrus or any of it?
I am just curios to know it.
It seems Devs can make anything (P2P, Nodes, TOR Based, Smart Token, IoT Coins, etc)
and why not making sort of Visa/Master/kind of it?
or is there any (and why Mona, Token Card and TenX use Visa/Master)?
We can use any coin if a Devs make this kind of network.
https://www.quora.com/How-do-PayPal-MasterCard-and-Visa-workVisa/Mastercard are centralized solutions. Bitcoin and crypto projects in general aim to be decentralized, so they aren't direct competitors. Bitcoin can compete against Visa/Mastercard by means of a second layer solution such as the lightning network, in order to achieve the speed and cheapness required to give the average joe the required incentive to choose bitcoin over simply continuing their business as usual under Visa and Mastercard solutions.
So you have it there: the reason we aren't competing with Visa and Mastercard is because we still don't have segwit, which would allow for fully functional lightning networks on top of bitcoin.