Re:Bitcoin Visa debit cards are cancelled
by vkou on Friday January 05, 2018 @01:39PM
(#16080561)
This is how anyone dealing with money transfer deals with:
1. Unacceptable levels of fraud.
2. Governments changing the rules/clarifying the rules.
3. Discovery of immense counterparty risk.
Since #2 did not happen, I'm assuming that #1 was at play. Given that this is bitcoin, #3 is present, but it's not clear that VISA would go digging for it.
1. Unacceptable levels of fraud.
2. Governments changing the rules/clarifying the rules.
3. Discovery of immense counterparty risk.
Since #2 did not happen, I'm assuming that #1 was at play. Given that this is bitcoin, #3 is present, but it's not clear that VISA would go digging for it.