Cant believe such a HUGE market s being uncovered for such a long time. What a market niche this is.
Because there are no others. There are no plan B. I dont know why every one of them states that.
Even if there were, this plan would already be screwed over by VISA, since its against their policies with the deal between MC/VISA.
All this shit started 3-4 years ago, when NETELLER and Skrill was starting to support crypto.
People started using it to withdraw for a month or two
Then Skrill/Neteller informed everyone that you could only use deposited crypto to send to other stores, and not withdraw from cards (that was easy to bypass though)
But why did skrill and neteller make this rule? Obviously their Net+ mastercard was informed to stop supporting crypto. Nothing else. So when people say this is not an attack on crypto, i dont know what else it is? The let skrill/neteller keep their cards.
After 3-6 months, they shut down the possibility to deposit BTC again. Someone has told them to do this. This someone was probably VISA, who already then threatned them.
And you all know what the rest of the story... First VISA shut down everything... Then mastercard was restricted to only SEPA......then short time after, shut down worldwide.
Someone out there does not like Mastercard or VISA to support crypto. Someone with alot power.