bitcoin may replace the credit cards.

According to some financial experts, the transaction fees for the petrochemicals are decreasing. In addition, the formative approach goes beyond the unnecessary and expensive financial institutions on which credit cards depend. Therefore, experts believe that the benefits of beta will encourage traders to leave credit cards and the use of fortification.

Payments for the formation are similar to cash transactions
Traders and consumers continue to charge high credit card fees. In fact, traders pay billions of dollars to issuers of these cards. So the idea of ​​replacing credit cards with the new ones is gaining a lot of attention among financial experts.
For example, Panos Murdochotas, professor and head of economics at Long Island University in New York, predicts that increased competition in the retail sector and the introduction of lower-transaction fees may prompt traders to replace credit cards and start using the digital currency.
In fact, most of the fees charged by credit card issuers can be avoided using digital currencies.

Credit card companies usually charge between 3 - 4% per transaction, a fee that must be paid to the merchants themselves.
For traders with small margins, these fees can increase to half or more of their profits for each transaction on credit cards. This is precisely one of the issues that innovative innovators intend to address by making payment payments similar to cash transactions.
Satoshi Nakamoto highlighted this important feature of the digital coin in the white paper for the young.

Better, faster, more secure and better
In addition to the unreasonable costs imposed by credit card issuers on transactions, the threat to credit card users who are often victims of fraud continues to rise.
Statista published a chart showing the value of victims of credit card fraud in the United States from 2012 to 2018. Divided by type (in millions of US dollars) into three categories of card fraud: CNP (card not found) Fraud, and loss / theft.
Although credit cards (EMV) have made some payments safer, experts expect that fraud - specifically fraud on these cards - remains a growing problem for years to come.

Credit card issuers now validate the benefits of using digital currencies for payments and some are taking action.
For example, on August 21, 2018, MasterCard obtained a patent from the US Patent and Trademark Office to increase the speed of digital currency transactions.