so this is what they are saying that the next step after paypal are going to come in visa but as i read the title again it turns out that its not the first project visa involved with but there could be previous than this , im not aware with that .
not all loves travelling and it will be a waste if the rewards given to them are related to airlines but it will be more useful if they are rewarded with btc credits because that can be use in many ways or it can also act as an investment .
Topic: Another big step to adoption bitcoin from VISA! - page 2. (Read 384 times)
"The card, which carries a $200 annual fee, will be issued by Evolve Bank & Trust."
I don't think that a card with such a high annual fee will be in demand. Maybe only in the USA or in some other countries of the first world people will perceive positively this credit card. Therefore, you should not expect a strong impact on the price of bitcoin.
I don't think that a card with such a high annual fee will be in demand. Maybe only in the USA or in some other countries of the first world people will perceive positively this credit card. Therefore, you should not expect a strong impact on the price of bitcoin.
Wow, looks like VISA really wants to be ahead in bitcoin adoption with USDC stablecoin support.
https://www.coindesk.com/visa-connecting-global-payments-network-to-circles-usdc-on-ethereum-blockchain
https://www.coindesk.com/visa-connecting-global-payments-network-to-circles-usdc-on-ethereum-blockchain
Great news! I think Mastercard and other competitors will follow this step.
Fintech company BlockFi became a partner with VISA to provide customers with Bitcoin reward besides cash or airline miles. In my opinoin this innovation will be wide spread among most payment systems.
https://cointelegraph.com/news/visa-and-blockfi-to-launch-bitcoin-rewards-credit-card-as-adoption-grows
https://cointelegraph.com/news/visa-and-blockfi-to-launch-bitcoin-rewards-credit-card-as-adoption-grows
The news is comfortable and good to hear but here is a problem probably.Visa is a worldwide payment method or card for payment system and this is totally linked with banks. If this is going to happen then I have doubt that it will be somehow a track by the government about crypto uses.
It is good that they are offering cryptocurrency as a rewards. In my opinion though, airline miles is still the best reward in this position. The amount you spent on traveling is dramatically decreased by having airline miles rewards, plus you can spend more on the where you want to travel. And you also given another problem about authorities tracking the transaction, I do not think that you should be worried about it, even if you do not have that, everything about is already available for the government to look at starting from the day you were born. 
The news is comfortable and good to hear but here is a problem probably.Visa is a worldwide payment method or card for payment system and this is totally linked with banks. If this is going to happen then I have doubt that it will be somehow a track by the government about crypto uses.
as long as it doesn't cause people to buy the top.
nobody can buy bitcoin through any of them.
you open an account with this company and get their credit card where you pay $200 annual fee on it among other fees and deposit fiat and purchase stuff with the card. then as a reward point or cash back system they reward you bitcoin.
for example if you purchase something worth $1000 with this centralized card you will receive 0.0007 bitcoin!
this is not news in my opinion, it is just one company that is trying to sell their services by including the name "bitcoin" in their ads.
I see enough expensive credit cards out there to expect they must have some market using them....
I meant more if someone got €10/0.0007 btc and saw it go to €300 for example they might naively thing it's "rise only" and swear off crypto for good.
Although I do think most of Europe has heard of bitcoin by now (especially in the west) and if they haven't bought any yet then they're not going to care anytime soon...
as long as it doesn't cause people to buy the top.
nobody can buy bitcoin through any of them.
you open an account with this company and get their credit card where you pay $200 annual fee on it among other fees and deposit fiat and purchase stuff with the card. then as a reward point or cash back system they reward you bitcoin.
for example if you purchase something worth $1000 with this centralized card you will receive 0.0007 bitcoin!
this is not news in my opinion, it is just one company that is trying to sell their services by including the name "bitcoin" in their ads.
Fintech company BlockFi became a partner with VISA to provide customers with Bitcoin reward besides cash or airline miles. In my opinoin this innovation will be wide spread among most payment systems.
https://cointelegraph.com/news/visa-and-blockfi-to-launch-bitcoin-rewards-credit-card-as-adoption-grows
Finally. Although in fact, it is high time to combine visa and bitcoin in one system with reduced tax rates. I think visa should be more attentive to cryptocurrency in General, because the crypto currency may at some point displace visa from the market. Although it seems to me that they probably have a financial Department that works with cryptocurrencies. https://cointelegraph.com/news/visa-and-blockfi-to-launch-bitcoin-rewards-credit-card-as-adoption-grows
What I want to know is what exactly pushed such big company to accept this technology.
Simply, to make more money by riding the popularity of bitcoin.
We know in this industry how beneficial cryptos are as a mode of payment but things are different in the eyes of the masses wherein the impression is not that good towards cryptocurrencies. IMO what PayPal did, contributed to what Visa is about to make. As I've mentioned before, a domino effect could be triggered once a huge company makes a move and that seems to happen.
It could have trigger a domino effect, but this companies are really in the business of making money from consumers so with the current rise of bitcoin, every individual and companies doesn't want to miss the hype train and squeeze more profits.
Yeah, it looks like we may see a domino effect from payment processing companies and possibly banks too if they see it's workable with VISA
What I want to know is what exactly pushed such big company to accept this technology. We know in this industry how beneficial cryptos are as a mode of payment but things are different in the eyes of the masses wherein the impression is not that good towards cryptocurrencies. IMO what PayPal did, contributed to what Visa is about to make. As I've mentioned before, a domino effect could be triggered once a huge company makes a move and that seems to happen.
What I want to know is what exactly pushed such big company to accept this technology. We know in this industry how beneficial cryptos are as a mode of payment but things are different in the eyes of the masses wherein the impression is not that good towards cryptocurrencies. IMO what PayPal did, contributed to what Visa is about to make. As I've mentioned before, a domino effect could be triggered once a huge company makes a move and that seems to happen.
Wow! Visa are definitely the biggest payment processor in Europe afaik (not sure about the World but Europe is pretty huge in population anyway)...
Bitcoin at the moment in my opinion should see people only investing small(ish) amounts anyway so getting it as a free reward on a credit card purchase seems apt for that - as long as it doesn't cause people to buy the top.
Bitcoin at the moment in my opinion should see people only investing small(ish) amounts anyway so getting it as a free reward on a credit card purchase seems apt for that - as long as it doesn't cause people to buy the top.
Fintech company BlockFi became a partner with VISA to provide customers with Bitcoin reward besides cash or airline miles. In my opinoin this innovation will be wide spread among most payment systems.
https://cointelegraph.com/news/visa-and-blockfi-to-launch-bitcoin-rewards-credit-card-as-adoption-grows
https://cointelegraph.com/news/visa-and-blockfi-to-launch-bitcoin-rewards-credit-card-as-adoption-grows
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