Bitcoin appeared on 2009 and we already have a few payment intermediaries. VISA was created in 1958, and nowadays there are basically only 3 companies processi

Bitcoin appeared on 2009 and we already have a few payment intermediaries. VISA was created in 1958, and nowadays there are basically only 3 companies processing credit/debit card payments: VISA, Mastercard and Amex. The threat is obviously there, but it's still too early to make any judgements. In my opinion, the entry barriers for new payment processing companies is very small, and we will see a huge competition.