⚡️⚡️⚡️ Visa Vs Bitcoin ⚡️⚡️⚡️

[ShortCoins]

Visa: Up to 60,000 transactions per second

Bitcoin: Up to 10 transactions per second

Visa Fees: Cheap

Bitcoin Fees: Absurdly High

Visa Fraud: Company alerts you of the fraud and reimburses you

Bitcoin Fraud: Funds are lost forever and untraceable



Um can someone explain to me again how this is the money of the future? Seems we are taking 1,000 steps backward on this one  

[Crypto Bloke]

Bitcoin is definetely becoming a store of value and not a "currency" at the moment.  Like 'digital gold'.

Maybe another Alt coin will become widely accepted as day-to-day currency - we will see...

[xskl0]

You are right. Bitcoin Core failed as a currency and IS NOT A STORE OF VALUE (Why? it increased 7times in less than 1 year, store of value measns that is supposed to have the same value over time).


Lucky we have Bitcoin Cash (P2P electronic cash). Don't get on this BTC bubble if you don't want to lose your money.

BITCOIN CASH FEES ARE UNDER 1 CENT FOREVER!

[xskl0]

Bitcoin is definetely becoming a store of value and not a "currency" at the moment.  Like 'digital gold'.

Maybe another Alt coin will become widely accepted as day-to-day currency - we will see...

So a store of value that cannot be transacted like a currency? I think I preffer gold...

[hatshepsut93]

Visa can freeze your accounts, Bitcoin can't.

Sending more than $10,000 is going to trigger AML checks, which may result in your transaction taking days to confirm, plus you must have some super verified account with all your personal information,
while in Bitcoin you can move billions just if they were pennies, and no one knows your identity because it is replaced by some random string of letters and numbers known as your address.

When it comes to money, there much more to it than just transactions per second, otherwise Bitcoin wouldn't be created in the first place.

You are right. Bitcoin Core failed as a currency and IS NOT A STORE OF VALUE (Why? it increased 7times in less than 1 year, store of value measns that is supposed to have the same value over time).


Lucky we have Bitcoin Cash (P2P electronic cash). Don't get on this BTC bubble if you don't want to lose your money.

BITCOIN CASH FEES ARE UNDER 1 CENT FOREVER!

Bcash is a centralized shitcoin, better use Litecoin or Dogecoin for cheap transactions.

[Ctn]

Does your visa gives 10,000 USD for keeping 1 USD for five to ten years!!! Hell no!
Does your visa gives you opportunity to earn money freely over the internet without any restriction and tax free transaction.
Does your visa gives you freedom to send any amount of money to the end user without asking any question ? No I don't think so. I think there are always pros and cons for things in the world and bitcoin is just another thing with its own pros and cons but its upto you how to see it.

[musliyevich]

Visa: Up to 60,000 transactions per second

Bitcoin: Up to 10 transactions per second

Visa Fees: Cheap

Bitcoin Fees: Absurdly High

Visa Fraud: Company alerts you of the fraud and reimburses you

Bitcoin Fraud: Funds are lost forever and untraceable



Um can someone explain to me again how this is the money of the future? Seems we are taking 1,000 steps backward on this one  

Visa: same money
bitcoin: your money increase fast.
Visa: can be used as bitcoin
bitcoin: can be use as prepaid visa card

[stripykitteh]

Visa: Up to 60,000 transactions per second

Bitcoin: Up to 10 transactions per second

Visa Fees: Cheap

Bitcoin Fees: Absurdly High

Visa Fraud: Company alerts you of the fraud and reimburses you

Bitcoin Fraud: Funds are lost forever and untraceable



Um can someone explain to me again how this is the money of the future? Seems we are taking 1,000 steps backward on this one  

No match against Visa. All Visa is going to do is allow electronic payments to go through easier and it's over for the purpose of Bitcoin.

[audaciousbeing]

Visa: Up to 60,000 transactions per second

Bitcoin: Up to 10 transactions per second

Visa Fees: Cheap

Bitcoin Fees: Absurdly High

Visa Fraud: Company alerts you of the fraud and reimburses you

Bitcoin Fraud: Funds are lost forever and untraceable



Um can someone explain to me again how this is the money of the future? Seems we are taking 1,000 steps backward on this one  

Its true that Visa has those advantage over bitcoin which I am not willing to contest but look at it another way that all bitcoin uses to surpass Visa and that is Freedom. In the case of Visa, your funds can be blocked, it can be restricted based on the economy policy of the country you are, it might not be accepted in some countries, you get to save your money with a third party (banks) in other to use the funds, you get traced when you use on some platforms (ask people who want to gamble and its not allowed in their country) among other things. This is the freedom that bitcoin makes available and I would take that over Visa or anything even though other disadvantages might still exist.

[canadiancrypto]

Have fun getting chargebacked falsely when selling millions of dollars worth of products. If 2% of transactions don't go through, you're losing out. Also if BTC continues to rise or eventually finds a stabilizing point, you're at a chance of making more money (if you know how to wisely manage) while getting funds quicker.

[Zarbout]

They say bitcoin is the future currency so you can't compare it to Visa now. Bitcoin still in young age and i think it's going to stabilize in some point and i hope they find a fair solution for fees problem. Let's just wait for the future.

[jekjekman]

All the things that you have said between Visa and Bitcoin is all correct and that's the way I think too but let's also think the time of existence of this two, I just search that visa founded in year 1958 by Dee Hock and Bitcoin just founded in 2009 by the great Satoshi Nakamato, technically visa are operating for 59 years now while Bitcoin is 8 years so if your'e saying that we're taking 1,000 steps backward on this one maybe you just said that because of your frustration about the tx's fees.

Bitcoin developers are working hard for the improvement of the network. Bitcoin is a digital money, Visa is a Fiat card money, they both have a good purpose in this world so let's just hope for the betterment of this two.

[minersday]

You are seriously not aware of the lightning network, you are very outdated, or maybe you are not paying attention to the important threads in here.

Bitcoin is definetely becoming a store of value and not a "currency" at the moment.  Like 'digital gold'.
Maybe another Alt coin will become widely accepted as day-to-day currency - we will see...

Once tha the LN gets released, we are going to be able to send transactions much more faster and cheaper (probably $0,10 per transaction or less)

I am always dreaming about this, just imagine how it could be.

I could save more than $250 a week worth of fees, oh my god.

[Hydrogen]

A different perspective for you.

Millions of credit card numbers are stolen and sold on the internet. There's never been a real attempt to crack down on the practice that I know of(contrast to the effort made to crackdown on crypto markets like silk road and alpha bay). Every year it seems the security practices of credit card companies declines making it easier for cards and data to be stolen. Almost everyone I know that owns a credit card has been robbed or been a victim of identity theft at some point. I can think of one person I know who has had their credit card data stolen multiple times & they weren't reimbursed as far as I know.

On the flip side of this debate, I don't know anyone who has had their bitcoins or crypto stolen. The only cases I can think of where people lost coins were due to phishing and other low percentage attacks. There isn't much if any identity theft which occurs in crypto as personal details and data are not tied to financial transactions.

[buwaytress]

Looks like OP's got another round of these threads going. Just in case no one's noticed, he's already been identified along with his alts. OP, I know you won't respond, but your recent round of nonsense has really got me curious. Why do you hate Bitcoin so much? Are you just thrashing crypto in general or is this a poorly masked attempt to shill another alt?

There's nothing wrong with arguing a solid case, but as you can see, your arguments are loose and in cases with other threads, just completely off the mark.

If you're all about advocating for another coin with "lower fees" and "more transactions per second", go for it. The Bitcoin community welcomes criticism, but be constructive. Besides, you're harming the reputation of the alt you're secretly promoting.

[envist]

Decentralization is the whole point of Bitcoin. You can compare it to visa but not really. Like apples and oranges. Both are fruit but different.

[ShortCoins]

Besides, you're harming the reputation of the alt you're secretly promoting.

Yeah I'm secretly promoting an Alt. That's my agenda you caught me. Because if I keep it a secret, everybody is magically going to find out about it. That's how advertising and promotion works? Its all a big secret.

... No you F*cking idiot. I don't promote any alts, I only post in the Bitcoin Discussion.

Stop making shit up. You're harming the reputation of every other word you say.

Clown.

[Herbert2020]

Um can someone explain to me again how this is the money of the future? Seems we are taking 1,000 steps backward on this one

you have made 256 posts, most of which are topics attacking bitcoin and spreading lots of FUD about it, in only 6 days that is nearly 2 posts per hour. i believe you already know the answer to this question better than anybody else. you are just desperate for attention or probably trying to short bitcoin and failing miserably.

BITCOIN CASH FEES ARE UNDER 1 CENT FOREVER!

what this means is that you are practically saying that nobody will ever use bitcoin cash and its blocks will remain empty for lack of usage. in which case you are correct, fees of unused altcoins will always remain low forever.

[ShortCoins]

probably trying to short bitcoin and failing miserably.

WRONG. When you make ASSumptions like this, you look like a dumb ASS

Don't spread lies about me.

Will I eventually short bitcoin? Most likely. Will I wait for the trend to reverse? Absolutely