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Topic: Visa is getting more interested in Crypto - page 4. (Read 1086 times)

hero member
Activity: 798
Merit: 506
December 04, 2020, 09:47:36 AM
#73

Bitcoin has gained more attention in the financial world, the increasing adoption is a good sign for the community, as we can use bitcoin in various sectors as the original purpose of bitcoin was created to be an alternative currency. More adoption means bitcoin value will gradually increase as time goes on and hopefully will be spread widely among people around the world, so we can get a less volatile market.
full member
Activity: 1540
Merit: 219
December 04, 2020, 09:07:28 AM
#72
We hope one after one will accept BTC. It is a process that some companies follow the other. Paypal shows the brave step by accepting crypto to their payment method. So after doing this inspired others to take steps forward. We want to hear this type of news.

Adoption! Adoption! Adoption!

We are looking forward for more adoption, and I think that this forum contributes to that because we are getting more familiarized about the importance of bitcoin by sharing knowledges and opinions regarding a certain topic in the economy and blockchain technology. It is very hard to adopt bitcoin when these scamming news is still circulating in the internet. But what can we do about it? Supporting bitcoin and making it become more popular by building its reputation is really a huge help for it to become accepted by many.
member
Activity: 1120
Merit: 68
December 04, 2020, 08:57:47 AM
#71
After the reception of crypto in PayPal's foundation, other Payment processors begin trusting it, I'm happy that Visa and MasterCard are of them. It's uplifting news for us all since its effect on bitcoin's market and it will consistently stay positive. I accept that bitcoin will be acknowledged worldwide in the next couple of years. All we need to do make a major trust in bitcoin and continue contributing to it

Indeed. Ever since PayPal started to accept bitcoin and other cryptocurrencies on its network. Huge companies and Visa have also become interested in cryptocurrency because they saw crypto's efficiency in transferring money; even its network is decentralized. It is why bitcoin is continuously raising its price because mass adoption is truly happening.
hero member
Activity: 2352
Merit: 594
December 04, 2020, 01:17:57 AM
#70
This is a good sign that big companies are now starting to acknowledge bitcoin as a form of payment. Sending big amount won't be a hassle to some users as they only have to pay small fees using bitcoin. These can also attract more people to know about bitcoin and gain interests among them.
legendary
Activity: 3724
Merit: 1217
December 04, 2020, 12:22:35 AM
#69
Bitcoin transactions are much easier with visa and credit cards bitcoin is increasingly getting used to support paypal but if you provide misinformation then the worth of paypal are going to be reduced most are following paypal for bitcoin transactions through visa payment. Visa seems to be the sole thing to follow the mainstream for bitcoin granted excellent news has been provided briefly for digital currency nevertheless within the previous couple of days the worth of bitcoin has risen sharply and before the limit it's been confirmed that mainstream bitcoin are going to be ignored.

Bitcoin payments may be easier for you, but that is not the case with the less tech savvy users (especially the middle-aged and the elderly). They may not be comfortable with the idea of irreversible transactions, volatile transaction fee and delays in confirmation. If PayPal and Visa integrate Bitcoin to their platform, then it becomes easier for these users to make payments in Bitcoin.
member
Activity: 868
Merit: 15
December 03, 2020, 11:24:50 PM
#68
Bitcoin transactions are much easier with visa and credit cards bitcoin is increasingly getting used to support paypal but if you provide misinformation then the worth of paypal are going to be reduced most are following paypal for bitcoin transactions through visa payment. Visa seems to be the sole thing to follow the mainstream for bitcoin granted excellent news has been provided briefly for digital currency nevertheless within the previous couple of days the worth of bitcoin has risen sharply and before the limit it's been confirmed that mainstream bitcoin are going to be ignored.
legendary
Activity: 3122
Merit: 1140
December 03, 2020, 07:27:40 PM
#67

There's no doubt to that big companies now do already have some thing in mind about bitcoin adoption specially if they have seen that Paypal had already
recognized and adopted bitcoin where they do saw the possibilities about such integration.VISA and others wont be surprisingly be joining the bandwagon
not only limited to big companies but also into those small ones.It doesnt matter if its big or not but  this kind of adoption is what we wanted.
Although not all would really be having that consideration.
Adoption is on the move and for more future years to come then we might see other companies do making the same step.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 03, 2020, 07:09:06 PM
#66
We hope one after one will accept BTC. It is a process that some companies follow the other. Paypal shows the brave step by accepting crypto to their payment method. So after doing this inspired others to take steps forward. We want to hear this type of news.
VISA was creating a new partnership with USDC. The paypal's decision to add bitcoin on its service has been making a lot of impact to the various fund management platforms to adopt bitcoin as a part of their portfolios. Let's say about grayscale, microstrategic and many more. These companies have bought a big chunk of bitcoin from the market to be used as long term investment.
When there's a major company started to be involved in crypto and other company will follow.
full member
Activity: 1330
Merit: 147
December 03, 2020, 06:35:47 PM
#65
It is just a process, we can't get mass adoption instanly. There are so many doubt for some companies to dare accepting bitcoin in their service and we have to realized it. We have to differentiate how to think an individual and think of people in groups, an individual we will make all decision by himself.

He will already know what are the advantages and disadvantages he will face once he decides to choose something. Just compare with many people in the group, how they decide to choose something. There are so many ego, there are so many emotion and the person's behavior must ultimately have a decision in a congruent way of thinking. These things will need a long time to decide.
full member
Activity: 1736
Merit: 116
December 03, 2020, 05:28:42 PM
#64
Platforms as big as Paypal must have had a big effect after deciding to accept cryptocurrency, can make other companies
follow Paypal by accepting cryptocurrency too. So if big companies like Mastercard and Visa are finally interested in adopting
crypto, it's no surprise. Even my prediction is the biggest online shopping in the world, Amazon in the near future there is
a possibility to accept cryptocurrency too, if indeed this happens it will definitely make the cryptocurrency price skyrocket.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
December 03, 2020, 04:47:24 PM
#63
It's not a surprise that more and more high-firm companies invest in crypto. What was once their huge enemy and something they used to laugh at during business meetings is now their master. This will only skyrocket cryptocurrency's reputation among the masses and in turn its price as well. Truly exciting, as this will open more doors for cryptocurrency to thrive in.
legendary
Activity: 1572
Merit: 1002
December 03, 2020, 01:49:46 PM
#62
I think it will reflect positively on the price in the face of the development of purchasing methods and the increasing interest of companies.There are companies that have not met Bitcoin and do not know what purpose it is used for. In these companies, of course she will learn over time and I think we will hear positive news.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 03, 2020, 01:42:38 PM
#61
Now I'm in doubt about something. I saw yesterday Paypal and Visa retreated their partnership with facebook's Libra (Diem) due to politicians and regulators pressure, but now I see the same two giants are adopting bitcoin? Huh
Without any doubts the interest for crypto currency is huge, however I see some inconsistencies between the news.

It is actually very simple. Libra project is different from Bitcoin. Bitcoin was an original innovation, created by Satoshi Nakamoto in 2008 and first mined in 2009. On the other hand, Libra plagiarized around 95% of the idea (as well as the code) from Bitcoin and tried to dish out their own version of the cryptocurrency. It is similar to what the Chinese used to do two decades earlier. They purchased a couple of Su-33 fighter jets from Russia and then plagiarized it's design to create their own jet (J-15). To their credit, the Chinese exported far more pieces of J-15, than the Russians could ever do with their Su-33. Facebook wanted to do the same, with their Libra shitcoin.
Furthermore I was thinking about it and realized the regulators and authorities pressure over Paypal and Visa was regard giving more power to the shady facebook company, so the issue wasn't due to crypto currency itself, what I see as a good thing already. Probably the companies saw facebook currency as bad propaganda and as you said, a plagiarized product with total lack of transparency, as facebook is well known.

PS.: Let's just hope what happened to J-15 chinese jets don't repeat in crypto universe to Libra Diem coin. I wouldn't like to see the plagiarized coin selling more than the original and only bitcoin.
full member
Activity: 1414
Merit: 228
Omicron is another FUD
December 03, 2020, 01:31:33 PM
#60
We'll take a look at the "Domino Effect" or "FOMO" of big companies afraid of falling behind following in the footsteps of paypal, visa and mastercard.  let's guess who which big company next!!

snip..
It is actually very simple. Libra project is different from Bitcoin. Bitcoin was an original innovation, created by Satoshi Nakamoto in 2008 and first mined in 2009. On the other hand, Libra plagiarized around 95% of the idea (as well as the code) from Bitcoin and tried to dish out their own version of the cryptocurrency. It is similar to what the Chinese used to do two decades earlier. They purchased a couple of Su-33 fighter jets from Russia and then plagiarized it's design to create their own jet (J-15). To their credit, the Chinese exported far more pieces of J-15, than the Russians could ever do with their Su-33. Facebook wanted to do the same, with their Libra shitcoin.
Libra developer ambition is only trying to grab and even capitalization the crypto market by trying to collaborate with big companies that have great influence..
sr. member
Activity: 1974
Merit: 453
December 03, 2020, 01:13:06 PM
#59
Now I'm in doubt about something. I saw yesterday Paypal and Visa retreated their partnership with facebook's Libra (Diem) due to politicians and regulators pressure, but now I see the same two giants are adopting bitcoin? Huh
Without any doubts the interest for crypto currency is huge, however I see some inconsistencies between the news.

It is actually very simple. Libra project is different from Bitcoin. Bitcoin was an original innovation, created by Satoshi Nakamoto in 2008 and first mined in 2009. On the other hand, Libra plagiarized around 95% of the idea (as well as the code) from Bitcoin and tried to dish out their own version of the cryptocurrency. It is similar to what the Chinese used to do two decades earlier. They purchased a couple of Su-33 fighter jets from Russia and then plagiarized it's design to create their own jet (J-15). To their credit, the Chinese exported far more pieces of J-15, than the Russians could ever do with their Su-33. Facebook wanted to do the same, with their Libra shitcoin.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
December 03, 2020, 01:00:38 PM
#58
^ I don't know if it's connected, it seems that Paypal accepting crypto is already having an effect on other big companies. mass adoption is getting in our sight, tighten your belt we will see the big bull run soon.


apparently after Paypal, Visa did not want to be left behind. The adoption this time is indeed very large, where it is not only Visa, there may still be someone waiting behind it, planning to follow like Paypal.
On the other hand, with today's mass adoption, wouldn't that not make bitcoin a rare asset?
will indeed have a wider impact on the bitcoin population and a large increase in volume. but actually I see instability, everywhere we will find bitcoin, without the need to enter the exchange.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
December 03, 2020, 12:20:41 PM
#57

I remember posting on a thread that was discussing the adoption of bitcoin by PayPal. I remember mentioning that PayPal is a big and reputable financial company and its adoption of bitcoin will cause several other companies to follow suit.
It is awesome to know, of course not surprising, that Visa is also taking the giant steps of adopting bitcoin and cryptocurrencies at large.
Although some believe many of these companies are only adopting bitcoin because of the profits they'll make, I still believe that whether or not their aim is to make money, they are aiding the adoption of crypto in the mainstream world which is what every bitcoin enthusiasts want
hero member
Activity: 2086
Merit: 603
December 03, 2020, 12:04:40 PM
#56
I believe these companies are only looking for solutions to overburdened transactions of world! Let's not forget visa, MasterCard, companies don't just operate in some country but they are global giant network. They work through very very secure private internet protocol. However with ever changing needs of transactions, and overflowing network they will have to find different ways to transact. They won't really use crypto currencies I guess, they will just use the blockchain as their new platform to do summation of their transaction. That's all. Yes, it will be helpful for them as well as the crypto community since it adds up more importance to blockchain and it's existence.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 03, 2020, 11:52:00 AM
#55
Now I'm in doubt about something. I saw yesterday Paypal and Visa retreated their partnership with facebook's Libra (Diem) due to politicians and regulators pressure, but now I see the same two giants are adopting bitcoin? Huh
Without any doubts the interest for crypto currency is huge, however I see some inconsistencies between the news.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
December 03, 2020, 11:11:10 AM
#54
The more we see giant companies adopting bitcoin, of course, there will be a higher chance that other big companies will also adopt and follow the trend. And since we are now seeing how visa, MasterCard, and PayPal are showing a positive view towards bitcoin and crypto, I bet we will also see further enterprises accepting and adopting bitcoin as well which is totally good for mass adoption.

They can served as a role model for other big companies to adopt bitcoin and this is a progressive movement for bitcoin's popularity.

Hoping that this kind of adoption will be normalized so that we can see bitcoin bloom once more in the market and economy. I think that this good events happening on cryptocurrency will continue 5 to 10 years from now so that we see the full potential of bitcoin to enter and engage in those businesses that used by the mass and the community.
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