Topic: good news for crypto from the old guard (Read 668 times)
That's a good question, people usually ask about the sources of the information but your concern regarding the importance of this concern can be handled by keeping an eye on the giants of the cryptocurrency investment world, these people or firms are usually a great influence on the price value of the coins and actions by them are important news
Hi not exactly sure what you are saying but assume you do not want to open a link so the key wording of the article is copied below.
Wal-Mart is the world's largest retailer, and made $4.4bn in profit for the last three months
The move comes after Wal-Mart opted out of a $5.7bn settlement with Visa and Mastercard in December.
Wal-Mart and other US retailers, such as Target, objected to the terms of that agreement.
Visa had sued Wal-Mart in June 2013 to prevent the firm from filing a lawsuit.
Wal-Mart, which is the world's largest retailer, argues that Visa worked with large banks "to illegally fix the interchange fees and inflate the network fees that Wal-Mart and other merchants pay on Visa charge card transactions".
Those large fees then caused "enormous damage" between 2004 and 2012, the retailer claims.
Wal-Mart is now suing Visa for damages, which it estimates to be over $5bn.
Visa declined to comment on the lawsuit, which was filed this week in Fayetteville, Arkansas, near Wal-Mart's headquarters.
Wal-Mart is the world's largest retailer, and made $4.4bn in profit for the last three months
The move comes after Wal-Mart opted out of a $5.7bn settlement with Visa and Mastercard in December.
Wal-Mart and other US retailers, such as Target, objected to the terms of that agreement.
Visa had sued Wal-Mart in June 2013 to prevent the firm from filing a lawsuit.
Wal-Mart, which is the world's largest retailer, argues that Visa worked with large banks "to illegally fix the interchange fees and inflate the network fees that Wal-Mart and other merchants pay on Visa charge card transactions".
Those large fees then caused "enormous damage" between 2004 and 2012, the retailer claims.
Wal-Mart is now suing Visa for damages, which it estimates to be over $5bn.
Visa declined to comment on the lawsuit, which was filed this week in Fayetteville, Arkansas, near Wal-Mart's headquarters.
Why are you the most links below I don't favor the right opening. Does my IP?
while bitcoin has had some spectacular events associated with it even in its short history it has not has its core reasons for existing damaged. it certainly has not been ( and by its very nature can never be) involved in "instituional price fixing' ,'cartels ' etc ie the bad side of the so called 'free market.
so the fight here between big retail and the big transaction operator is good news for crypto
http://www.bbc.com/news/business-26780821
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