[RIP Bitcoin Debit Cards]

in #bitcoin7 years ago

Hi all, cryptosludge here.

Apparently Wave crest the major issuer of Visa bitcoin debit cards was instructed by VI$A to terminate all bitcoin debit cards world wide.

All major players like Xapo,Bitwalla, Bitpay and others have been affected.

Al thought this is a major inconvenience as bitcoin debit cards helped for users to spend their bitcoins and alts on everyday items, Some of these players we there to hurt the bitcoin community by not implementing segwit to reduce transaction costs, tried to push the rediculas bitcoin2X fork , which if went through would stuck the bitcoin network on the 1st block!!, theese players didn't pay for their deeds, and now with this ban by VISA, they finally will!.

This is also a big sign for bitcoin maturity in the eyes of the "old world".

The banks and payment processors understand that they are in trouble and about to be replaced by a much better solution , so the are starting to fight, to bad that they already lost :)

https://www.coindesk.com/visa-cracks-bitcoin-debit-cards-europe-providers-say/?utm_content=buffer54334&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

I am sure more and more business will start to addapt native crypto payment options, and will finally say goodbye to the old system!

The revolution is happening, be proud to be part of it!

CryptoSludge.

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Good read, I have a Bitpay card but haven't received any email notification yet. I'll keep checking my inbox!

happy to join in steemit, successful greetings for steemit lovers,
continue to work
hopefully hope and dream of steemit users in this year can be achieved all..!!

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