> This is an important differentiation. From the user's perspective, not really. Many people compare their credit card to Bitcoin even if the way these systems

> This is an important differentiation. From the user's perspective, not really. Many people compare their credit card to Bitcoin even if the way these systems work are completely different (credit network atop fiat versus digital asset, as you say). At the end of the day, all that matters is how fast, secure and reliable these things are to the user. If they can pay for their loaf of bread within 5 seconds and easily pay off their credit card once a month, and the Bitcoin alternative is using a crypto-exchange, exposing yourself to volatility risk, all for something that is slower and less reliable at the point-of-sale... Bitcoin is far behind. Sure, if we had a credit system on top of Bitcoin, it would probably have an easier time competing with VISA credit cards, but the fact is that does not exist so cannot easily be compared today.