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This is apples to oranges. A Bitcoin transaction is a settlement, much more akin to fed wire than visa. Visa transactions are not settlements.
by emtel 5y ago
This is apples to oranges. A Bitcoin transaction is a settlement, much more akin to fed wire than visa. Visa transactions are not settlements.
- na85 5y agoThis is moving the goalposts. Bitcoin fanboys love to talk about the future where you can buy groceries and order pizza with btc. Do you typically use a bank wire for those transactions? I don't.
- tdeck 5y agoThat was the original generation of Bitcoin enthusiasts, but nowadays it feels like you're more likely to find fanboys who see it as a get-rich-quick scheme where the line can only go up.
- anamax 5y agoVisa does do something equivalent to settlements. Even if that is just at monthly granularity (statements to card holders), the volume is immense.