This is great news and is going to increase demand even further. I don't know if I'm too keen on people being able to buy Bitcoin on credit though. I also don't think purists would like it if they implemented fiat conversion because in an ideal world we would only transact with Bitcoin. But all in all this is one more step in the phase we are in of institutional adoption and going mainstream.
Topic: Visa: We make it possible to buy bitcoins using Visa - page 3. (Read 405 times)
An increasing the demand of bitcoin we hear some good new everyday about the companies accepting and using bitcoin. The Visa CEO 'Alfred Kelly' announced in an interview that Visa is entering the crypto currency.
He said: We try to do two things; The first is to make it possible to buy Bitcoin with Visa credit cards, and the second is to work with Bitcoin wallets to quickly convert Bitcoin to Fiat currency so that it can be used in the 70 million places in the world that Visa supports.
Kelly believes there is "strong potential" for crypto currencies to become new payment system.
What's your thoughts?
Source: https://www.moneycontrol.com/news/business/visa-ceo-says-working-to-enable-purchase-of-bitcoin-through-its-credit-card-6656051.html
He said: We try to do two things; The first is to make it possible to buy Bitcoin with Visa credit cards, and the second is to work with Bitcoin wallets to quickly convert Bitcoin to Fiat currency so that it can be used in the 70 million places in the world that Visa supports.
Kelly believes there is "strong potential" for crypto currencies to become new payment system.
What's your thoughts?
Source: https://www.moneycontrol.com/news/business/visa-ceo-says-working-to-enable-purchase-of-bitcoin-through-its-credit-card-6656051.html
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