http://www.pymnts.com/exclusive-series/2014/pymnts-bitcoin-tracker-xapo-users-grumble-could-overstocks-employees/#.U-WhZqOrYU8In the “the bitcoin side of the street is always sunny” it was reported that Visa’s CEO, Charles Scharf, said that it was open to the idea of bitcoin. Actually, that’s not what he said. He said, “Visa is not a currency, it’s a network. We can process real or virtual currencies to the extent that it makes sense.” He didn’t actually say bitcoin made sense. But the story got a lot of clicks given its, ah, optimistic portrayal of what Scharf said, but didn’t actually move its price. Bitcoin is just about the same as last week, trading at $589.65 when last week (8/1) trading was $588.02 according toPYMNTS.com Bitcoin Price index.
