The point for Facebook is chiefly to compete with Apple Pay, along with capturing more user data. The point for Visa et al. is to A) hedge their bets against p

The point for Facebook is chiefly to compete with Apple Pay, along with capturing more user data. The point for Visa et al. is to A) hedge their bets against possible long-term disruption from crypto in a safe, centralized manner, and B) to attack crypto head-on by satiating the curiosity of those who may want to dip their toes into the water, creating a walled garden that no one bothers to peek over. The point for the user is to... umm...