VISA vs CASH vs CRYPTOCURRENCY

VISA is pushing the envelope lately by offering $10,000 for small businesses like restaurants to upgrade their payment system and they have to stop taking cash. This is a big risk taker.

It will be beneficial for small business owners cause it will reduce thief and shrink altogether. All contact-less payment like apple pay, android pay, chase pay are  sizing the moment with more chunk of the pie.

It is simple to understand. When you use cash, they cannot control you. They cannot dictate your purchase habit. They cannot harass you with ads. Using cash put a big dent on their business practices. It is imperative for us to limit and enforce our way of shopping by using cash or crypto.

The numbers are staggering. Alone in 2016, 59% of purchase in the US were made with a VISA card. MasterCard took 25%. When you dig through the list of Fortune500 company in the US, VISA is sitting at 187. Not too shabby for a company that process payments. Their revenue was more than $15B. PayPal and MasterCard respectively sit at 264 and 267 with revenue more than $10B. They have plenty of reasons to go after our cash. No wonder why our emails are flooding with credit cards offer.

Keep these two ideas in mind:

First, the main obstacle resides at the rapid fluctuation of all cryptocurrencies. In April 2017, Bitcoin was trading around $1083.77 with a market cap of more than $17B. Ethereum was  at more than $4B. with a price of $51.07. From the top ten, Ripple, Dash or NEM did not reach a billion dollar market-cap. Total marketcap for all cryptos (April 2017) reaches merely $25B.

Surprisingly to many of us, 60 days later. the market-cap exceeded $100B. At one time, it was floating around $110B. Some say bubble, market correction, pump and dump. All the coins are bleeding red effortlessly. Today it is trying to gain some green.

Secondly, controlling this kind of bubble make cash very attractive. If you are on steemit for a while, you can see some trend that can help to cope with this madness. Now it is the time to acquire investment skill to reap the system. The knows of how to ride the highs and smooth the lows. Clear example invest in steemit. Follow the usual suspects like the @Craig-grant, @trevonjb, @jerrybanfield and many others that fit your style. 

Either you are a card user, cash, crypto. Use it wisely. Benefit of card resides solely of it ease but it is controlled and centralized. CASH is still the king and remains a such. CRYPTO is the future. If you are reading this post, evidently you know what  it means. You are part of the 5% and growing earth population that use crypto.

Keep on steemit.

CREDIT:

http://Fortune.com/fortune500/list/

https://futurism.com/what-this-period-of-rapid-growth-means-for-the-future-of-cryptocurrency/

https://apple.news/AMDYg7R94R6CdPUovRn2xyg

*[@pouchon](https://www.steemit.com/@pouchon)