Visa May Add Cryptocurrencies to Its Payments Network, Says CEO

Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa... by doggosphere on Sunday January 31, 2021 @05:26PM (#25983205)

Do you think volatility will be the same 10 years from now? 20 years?

If so, why? I think volatility will down as volume and scale increase.

[ Parent | on HN ]

Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa... by JacobSuperslav on Sunday January 31, 2021 @05:33PM (#25983271)

i think there's a high chance it will be worse ie. some competitor tech crushing bitcoin's value entirely in 10 years

[ Parent | on HN ]

Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa... by thrashh on Sunday January 31, 2021 @06:03PM (#25983500)

I think the fact that no one controls Bitcoin is actually a major downside. The Fed does a lot of work to keep USD stable (alongside being part of a a stable government). I trust the USD as long as I trust in the institution.

[ Parent | on HN ]

Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa... by doggosphere on Monday February 01, 2021 @11:37AM (#25990203)

Everyone trusts their government when things are going good.

When you stop trusting the USD/central bank, what will you turn to?

[ Parent | on HN ]

Re:Visa May Add Cryptocurrencies to Its Payments Network, Sa... by pjc50 on Monday February 01, 2021 @05:19AM (#25987343)

I don't think there are good reasons to use bitcoin, and I think much of the existing interest is a demand for volatility, in the same way as people are piling into GameStop.

[ Parent | on HN ]