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Visa announces support for crypto on their site: “Big things can happen when you combine crypto with the power of one of the world’s largest payment networks.”

Visa announces support for crypto on their site: “Big things can happen when you combine crypto with the power of one of the world’s largest payment networks.”



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22 Comments

  1. > “Big things can happen when you combine crypto with the power of one of the world’s largest payment networks.”

    Translation:

    Our big company can make a lot of money off people who get all excited by the word ‘crypto’ because they don’t stop and think.

  2. The bitcoin network is going to disintermediate the intermediaries. It’s too powerful a disruption. Visa, MasterCard, Western Union, PayPal. They are done, they just haven’t accepted it yet. Adding candy aisles to the movie rental store.

  3. >”Big things can happen when you combine crypto with the power of one of the world’s largest payment networks.”

    I’m genuinely interested. How can you convince me to let you take a cut? XD

  4. Lightning is going to put Visa out of business.

    Visa thinking they are needed to facilitate crypto transactions is like a postal service thinking they are needed to facilitate email.

  5. It’s funny, or maybe ironic.. it seems all of our issues with crypto seem to lead us back to a more centralized solution. It’s almost like we need a decentralized POS service for all the vendors that will accept various coins. Oxymoronic

  6. People are downplaying this because thus far Visa has been what Bitcoin is trying to defeat. This is so positive because Visa is already a trusted payment processor. Having protection of your purchases is valuable. If visa is forced to compete with the rest of the lightning network, their prices will come down and we will get the same service now as we get for double the price.

  7. PERFECT! Every merchant now will see Bitcoin as legit so it will just appear on Apple Wallet. Lazy consumers will pay more if they use legacy VISA and merchants will all gear up to accept Bitcoin Lightning via [Strike.me](https://Strike.me) or payment wallets to pay tiny satoshi fees. This is what Bitcoin needed for the next run to $500K. VISA had no choice, it can lock in merchants in the coming year on multiyear contracts. Again, lazy pay more.

What do you think?

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