Visa can start a war against Bitcoin?

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2018-01-23
Visa can start a war against Bitcoin?

 Visa’s chief executive states that Bitcoin is a product, not a currency. Visa is againts providing any cryptocurrencies a place for wire transfers and exchanges.

“I don’t view it as payment system player,”

– CEO Alfred Kelly commented to CNBC.

“We at Visa won’t process transactions that are cryptocurrency-based. We will only process fiat currency-based transactions,”

– he continued.

Bitcoin was implemented as an alternative de-centralized currency. But due to its growth, it became a source for making easy money. As bitcoin turnover grows, it has troubles such as high fees, slow transactions and volatile prices.

“My take is that bitcoin is much more today a commodity that somebody could invest in; and honestly, somewhat of a speculative commodity,”

– said Kelly.

 

CRYPTOCURRENCIES
  • bitcoinBitcoin$5,047.00
  • ethereumEthereum$164.15
  • rippleXRP$0.329949
  • tetherTether$1.01
  • eosEOS$5.31
  • stellarStellar$0.114622
  • litecoinLitecoin$77.88
  • cardanoCardano$0.080776
  • tronTRON$0.026254
  • moneroMonero$64.14
  • iotaIOTA$0.317118
  • nemNEM$0.065074
  • dashDash$119.61
  • neoNEO$11.13
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