View Single Post
Old 05-08-2013, 04:10 PM  
pimpmaster9000
Too lazy to set a custom title
 
pimpmaster9000's Avatar
 
Industry Role:
Join Date: Dec 2011
Posts: 26,732
Quote:
Originally Posted by Paul View Post
Strange one that isn't it! LOL

I have no doubt that digital currency is here to stay now but it won't be Bitcoin that takes the crown. Actual banks are talking about issuing their own digital currencies - http://www.bloomberg.com/news/2013-0...ank-group.html
visa or master will take the crown...

banks will fail because visa is everywhere...

a wallet type of currency...it will be a digital currency within a credit card it is the perfect solution for funding...

they would have to be smart and block payouts to credit cards...legit merchants do not mind being payed out by bank wire or check...or make "pay outable" accounts a KYC nightmare...


all the rest will fail...banks, google, bitcoins anybody who is not visa or master does not have the necessary set up to stay in business once visa enters the market...
pimpmaster9000 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote