Visa is getting more interested in Crypto

[Sithara007]

We have a domino effect here companies are just watching on the outcome of PayPal integrating Cryptocurrency in their platform if it's successful then we can see many companies doing the same, we will see merchants adding Cryptocurrency in their platform and making it as one of the option of buyers, things are looking good for us now, and it's only a matter of time.

The PayPal acceptance is just around one month old. On top of that, they are still in testing phase and Bitcoin won't be available for most of the US users until mid-2021. So the outcome of this measure will be visible only after 6-12 months. Therefore I would expect the other major players to adopt the wait and watch approach, until the outcome is clear from PayPal integration.

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[asriloni]

We have a domino effect here companies are just watching on the outcome of PayPal integrating Cryptocurrency in their platform if it's successful then we can see many companies doing the same, we will see merchants adding Cryptocurrency in their platform and making it as one of the option of buyers, things are looking good for us now, and it's only a matter of time.

Those are old partnerships but this time visa is creating an official partnership with USDC. More institutional came to the crypto and this is also giving a huge pressure for other major companies to adopt crypto too.
It looks like there will be an option to pay something used USDC. Visa will be integrating with USDC.
I saw that news a few days ago. We will see that but I hope Mastercard will come too.

[bits4books]

This is all very well BUT
Most of the crypto community, in addition to the exorbitant (this is good) love for cryptocurrency and its total distribution, are very fond of saying that " we all need 146% decentralization and we need to destroy the state so that no one can control money."
And then guys like Paypal and Visa come in and tell you
- Hey guys, we decided that cryptocurrencies are cool and we will accept them and spin them on our processing sites so that it is cool and convenient for you! Let's spread this Apple of Eden together!
But no one even thinks about the fact that in this case, these Paypal or Visa are no longer some visionaries in white armor and with a pure heart, they just want to earn money on it, ban some accounts and thats all. They only interested in fees, and of course they support gov and centralization

[sana54210]

This is once again probably about creating this new sort of hype around bitcoin and all crypto. At the end of the day we are talking about Visa here, they can do whatever the hell they want and still make a profit, they are very huge, and if someone else does something and it looks promising, they could just buy them out, they are THAT rich.

Look at all the big companies, mainly tech companies for example, they just let others do something and buy them out directly which makes them worth a lot more, same usually goes for wall street companies too, they just grow big and buy other companies. Visa is not "interested" in crypto, they are interested in making more profit and if they are profiting from crypto, they will be happy about it, they will just not put too much resources into it.

[GeorgeJohn]

it will be a domino effect in the next coming years.

If this news will actually be applied by Visa and Mastercard, this is a form of spreading the trust given by Paypal.  The domino effect given leads to a more positive direction where crypto will be used more massively by everyone, even people with traditional concepts.  Paypal's actions will have a positive impact even in the traditional financial business sphere.  They will race to learn crypto so as not to fall behind its competitors.

Since we are still dependent on fiat money that we use in our daily life, it is very important that PayPal, as well as with bank cards, we will be able not only to buy but also convert cryptocurrency to Fiat. Moreover, if we are talking about everyday life and small amounts, then users have nothing to fear. But if we are talking about larger funds that can be withdrawn from the cryptocurrency into the national currency, then here many will fear for the sanctions that the government may impose or tax percentages, which may not always be reasonable.

Yeah it's obvious that everyone like fiat currency because it's what we are born with, telling people concerning cryptocurrency it will sounds as a foreign thing in their ear and also sight, so I think they have acclimatized with it that's why they fined it very difficult, so emphasising on tax percentage, it's obvious that every business have to do with tax percentage provided that government is in existence, so I recapitulate this by saying that tax fee is necessary but what we need to consider here is the percentage charge.

[sapnu]

This is once again probably about creating this new sort of hype around bitcoin and all crypto. At the end of the day we are talking about Visa here, they can do whatever the hell they want and still make a profit, they are very huge, and if someone else does something and it looks promising, they could just buy them out, they are THAT rich.

Look at all the big companies, mainly tech companies for example, they just let others do something and buy them out directly which makes them worth a lot more, same usually goes for wall street companies too, they just grow big and buy other companies. Visa is not "interested" in crypto, they are interested in making more profit and if they are profiting from crypto, they will be happy about it, they will just not put too much resources into it.

This will really help the hype the bitcoin as of now since these big companies are now adopting the usage of bitcoin, these are online financial services and this is also involving money wherein you are making transactions. This will help the hype because as Visa adopt bitcoin, there are more people that will know the usage or essence of using bitcoin, not only that but the opportunity that they can get when they got and understand what bitcoin or cryptocurrency really is. Paypal already adopted the usage of bitcoin and I think that has also an effect on the market price that we can see right now.

[inoes]

As far as I know, the PayPal service regarding bitcoin feels like buying crypto assets in Robinhood because at PayPal Users who buy Bitcoin  they can have the King of Crypto Assets, but cannot move Bitcoin out of other platforms or addresses. have but not completely. however at least PayPal accepts crypto payments is good news. I hope that in the future there will be more options and features. This if PayPal is successful in its implementation will usually be imitated by Visa and Mastercard

[TimeTeller]

This is once again probably about creating this new sort of hype around bitcoin and all crypto. At the end of the day we are talking about Visa here, they can do whatever the hell they want and still make a profit, they are very huge, and if someone else does something and it looks promising, they could just buy them out, they are THAT rich.

Look at all the big companies, mainly tech companies for example, they just let others do something and buy them out directly which makes them worth a lot more, same usually goes for wall street companies too, they just grow big and buy other companies. Visa is not "interested" in crypto, they are interested in making more profit and if they are profiting from crypto, they will be happy about it, they will just not put too much resources into it.

This will really help the hype the bitcoin as of now since these big companies are now adopting the usage of bitcoin, these are online financial services and this is also involving money wherein you are making transactions. This will help the hype because as Visa adopt bitcoin, there are more people that will know the usage or essence of using bitcoin, not only that but the opportunity that they can get when they got and understand what bitcoin or cryptocurrency really is. Paypal already adopted the usage of bitcoin and I think that has also an effect on the market price that we can see right now.

This will be good introduction to noncrypto users who are Visa card holders.
Those population is large so if small percentage of that number will be interested in crypto, that will be good for our adoption.
It is only a matter of time before these big financial institutions will give their official statement towards crypto adoption.
And it will lessen the doubt of many users that crypto is used for fraudulent activities. The more they learn about this, the more they will appreciate the presence of crypto.

[Princejebs]

I'm very much aware that all tech are into investment for the benefit and interest as well as the technology behind such investments.
Bitcoin is now a hot cake that every institution now want to get their self involve with all with sole aim of the profit and not the tech.
Just like the way PayPal integrated in their platform,,l they claim it was backed but I wonder why they didn't directly allow customers to trade real Bitcoin, withdraw and deposit.

[Similificator]

Of course they would. This is because more and more big names are deciding to side with crypto currencies, particularly bitcoin. even mastercard is planning to jump in. we can only expect more good news to come since a lot are sure to follow with this trend since after all, it  is always about competition when it comes to big companies or personalities. Which is why I think that we will be seeing more green and more increase in almost all of crypto currencies present since none of these big names or companies would want to be left behind.

[newwest]

Of course they would. This is because more and more big names are deciding to side with crypto currencies, particularly bitcoin. even mastercard is planning to jump in. we can only expect more good news to come since a lot are sure to follow with this trend since after all, it  is always about competition when it comes to big companies or personalities. Which is why I think that we will be seeing more green and more increase in almost all of crypto currencies present since none of these big names or companies would want to be left behind.

Now, it is the time for big institutions and payment merchants to start using crypto and with new institutions jumping in the buying bitcoin, we are set for a the new high in coming time. It could be  big move as well if we hear more big names the market could jump and cross quickly even 50/60k in a matter to weeks. Investors keep holding it and rest of them can buy whenever there is some fall in market.

[oHnK]

Of course they would. This is because more and more big names are deciding to side with crypto currencies, particularly bitcoin. even mastercard is planning to jump in. we can only expect more good news to come since a lot are sure to follow with this trend since after all, it  is always about competition when it comes to big companies or personalities. Which is why I think that we will be seeing more green and more increase in almost all of crypto currencies present since none of these big names or companies would want to be left behind.

News related to large companies that are starting to look at Crypto continues to provide a positive stimulus to its price. If measured from the beginning of 2020, the Bitcoin price increase is over 600%. I can't imagine how rich the humans are who keep holding Bitcoin up to this moment.The increase in the price of Bitcoin is inseparable from projects carried out by Paypal, visa, MasterCard, and others. This makes it highly likely that this is not an apparent price increase but is in fact.

[mezzaluna]

There was already news regarding some companies starting Cryptocurrency in large companies. This step is always a big opportunity for Cryptocurrency to step up their credibility since being used publicly that will accept new users is always an opportunity to teach them on what Cryptocurrency is and how does it work. Tesla already started integrating their platform with the option to use Bitcoin as a form of payment.

With Visa creating this move, it will now surely let other companies create a move to research on how they can do to integrate their platforms with Cryptocurrencies too.

[matchi2011]

I'm very much aware that all tech are into investment for the benefit and interest as well as the technology behind such investments.
Bitcoin is now a hot cake that every institution now want to get their self involve with all with sole aim of the profit and not the tech.
Just like the way PayPal integrated in their platform,,l they claim it was backed but I wonder why they didn't directly allow customers to trade real Bitcoin, withdraw and deposit.

Most businesses are aiming to ride along with Bitcoin popularity, they are all after with the money bringing the system into
thier account but they are not really after the sytem itself.

They are after with the  $$ that this investment may bring to them, though if everything will take place and real adoption
are being considered surely it will be more than this,.

[SmokerFace]

After the reception of crypto in PayPal's foundation, other Payment processors begin trusting it, I'm happy that Visa and MasterCard are of them. It's uplifting news for us all since its effect on bitcoin's market and it will consistently stay positive. I accept that bitcoin will be acknowledged worldwide in the next couple of years. All we need to do make a major trust in bitcoin and continue contributing to it

[jasonjm]

Initially Paypal announced its support to buy crypto. After this news many new retail investors, invested in Bitcoin and a few days ago MasterCard is a also thinking the same but with slight changes in the buying options of crypto. And now if the Visa is also thinking the same, then I think we are very close to Bitcoin mass adoptions.

[cyriljundos]

as expected many companies are in move right now to engage in digital currency businesses. early february tesla corp invested bitcoin worth $1.5M and paypal announces they will probably start exchanges bitcoin in their platform. those big companies has given factor to crypto currency world and other companies will start to invest in.

[cheezcarls]

As I have remembered, Mastercard has already begun to express their interest in adopting cryptocurrencies. I just don’t know if VISA will follow suit after we’ve seen Tesla purchasing $1.5 billion worth of Bitcoin and to include them in the balance sheet, and also Microstrategy planning to purchase some more of that. However, anything is possible like JP Morgan and Paypal’s case. They initially are anti-crypto, but they had a change of heart years later.

[tygeade]

After the reception of crypto in PayPal's foundation, other Payment processors begin trusting it, I'm happy that Visa and MasterCard are of them. It's uplifting news for us all since its effect on bitcoin's market and it will consistently stay positive. I accept that bitcoin will be acknowledged worldwide in the next couple of years. All we need to do make a major trust in bitcoin and continue contributing to it

Visa is trying to make it work with binance and that could be a big deal, mastercard decided to go at it alone. With Swipe cards visa will be basically dealing with binance, so all the bulk work will be on binance to handle all the information etc etc, basically deal with the customers, and visa will only deal with binance instead, if there is any problem visa will only talk to binance and handle whatever they have to handle, which will make things simpler for them, and that way we will have cards all over the world where we can spend crypto anywhere we go while places will be taking fiat instead and that change will happen instantly thanks to the card that visa helped binance build.

Mastercard will be doing that themselves, they will allow places to accept or exchange crypto instantly using their card, basically this will create a huge mass adoption or at least a reason to hold bitcoin.

[pinggoki]

Obviously the Visa will be having an interest to the cryptocurrency because all over the world knows that the sudden pump up of bitcoin brought a huge mass adoption on different parts of the world. Visa would like to take the advantage of this in order to ride in the hype that is going on the market, and also it is expected that many businesses and companies will be more interested in cryptocurrency it is because of different people who eventually invest in cryptocurrency just like Elon Musk.