All will continue to operate for some time, mostly the banks because of the fiat handling facilities
though they could reach a rather speedier demise than what we are imagining, speculation at
the time frame would be only an educated guess at best. Payment processors like paypal/credit
cards could survive from a purely transaction insurance standpoint though they would need sufficient
capital restructure and reorganization.
Topic: Bitcoin/Crypto will make all payment processors including banks obsolete. (Read 816 times)
September 08, 2014, 03:38:41 PM
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