4 ms·
If that seems crazy, wait until you hear about these companies called Stripe and Visa.
by jklm 5y ago
If that seems crazy, wait until you hear about these companies called Stripe and Visa.
- FabHK 5y agoNot sure what you are talking about. 1. Stripe has revenue of $bn 8, Visa $bn 25, and Coinbase $bn 8. Are you suggesting that Coinbase provides as much utility as Stripe? 2. The equity market cap is about $tr 100, so Stripe and Visa together take about 0.03% of that per annum. Mind you: That is way too much. Credit cards are an inefficient oligopoly, and they've been fined by regulators for their extravagant fees. That's a whole topic in itself. But: Crypto is 10x worse.