[2014-08-11] Weekend Roundup: Visa Warms to Bitcoin, Xapo Promises Reimbursement

[ganabb]

http://cointelegraph.com/news/112244/weekend-roundup-visa-warms-to-bitcoin-xapo-promises-reimbursement-and-3-big-governments-speak-about-regulation

Sound familiar? On Monday, Diana Ngo reported on Visa’s stance that cryptocurrencies were not being seen by the company as competitors but something that Visa’s payments network could facilitate.

“Visa CEO Charles Scharf admitted to looking for a way to make payments frictionless as well as developing technologies that would enable easier and faster payments of its users. ‘Payment works best when it is a non-event, it works, it's fast and nothing goes wrong.’”

[counter]

Wow that was interesting, thanks for posting.  Visa has a positive interest into Bitcoin and I"m very anxious to see how they will integrate Bitcoin into their Network.  Maybe being a currency is old news..

[Cranky4u]

Looks like VISA can smell the sharks circling and is trying to figure out how to strap a fin to its back...muuuuhahahaha