> Unless they can do it for roughly half the cost of what we have now, it doesn't have a lot of practical value. And there's nothing stopping Visa from implemen

> Unless they can do it for roughly half the cost of what we have now, it doesn't have a lot of practical value. And there's nothing stopping Visa from implementing something similar. I agree with this. And that is probably what will happen, but that wouldn't be a bad outcome. See it as one way to break a chain of middle man's. Another (more likely) way to push down prices is with regulation. But to do this on a global scale is also very difficult.