VISA Payment Processor Trying To Eliminate Cash And Take Over Society! (Too Greedy?)
3rd parties....
7 years ago in #cryptocurrency by cryptonick (54)
$4.88
- Past Payouts $4.88, 0.00 TRX
- - Author $3.97, 0.00 TRX
- - Curators $0.91, 0.00 TRX
As long as this actions aren't big it wouldn't be a problem for us ;)
Smart companies will attack the closest threat, without cash they would dominant the money market for awhile. But eventually crypto will overtake because of all the control visa, american express, discover, etc has.
Interesting idea. What if a restaurant or business would only accept cryptocurrency instead?
Well, they would trade that cryptocurrency in a fast as they could if that was the case. No use in holding on to an asset that is so volitile.
Not if they were smart mate. They would hold onto those coins for as long as possible to avoid having to pay tax on them (possibly, depending on local laws) and to profit from the general rising trend in the price of Bitcoin long term.
CoinJar already offers a swipe card so we can pay with BTC in lots of places now.
If you join via this link:
https://www.coinjar.com/_ref/@MRAstle
... you'll get 500 free CoinJar Points! (These are mostly used to offset mining fees but have some other uses too.)
CoinJar allows you to set your reference currency to any of these:
This adds to its appeal for many people who want figures in their local currencies.
CoinJar is basically a wallet designed to look like a bank site, with some limited trading facilities.
There are already some businesses in Australia that don't accept cash too by the way.
I don't know if you're running competitions on this site or not but if you are, please send BTC to:
15AJCM8VUiWREf5sQfUEEBNXw2ocUkHyMY
You're also welcome to use the code "X08nQ7" to get 3% off every Genesis Mining purchase!
Thank you very much for your clips and keep up the good shows mate! 8)