RE: Visa cancels all crypto debit cards in Europe. Is this an attack on crypto?

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Visa cancels all crypto debit cards in Europe. Is this an attack on crypto?

in steemit •  7 years ago 

I rather something like this happen now rather than later where more users would have been affected. I ultimately think this will prove to be a grave mistake on Visa's behalf. Knowing that Visa might not be crypto friendly, may prevent future Visa crypto partnerships from forming.

This will only temporarily stifle these companies, but now they can find better alternatives before they are heavily integrated. We're also going to learn how these companies respond to setbacks and adversity., which may give an indication of future success and viability.

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Agreed - Like I said in the video, innovation will ALWAYS find a way. Exactly, the companies that manage to overcome this hurdle may be the ones that we'll see rise to power within the next 5 to 10 years. It's a minor set back in the big picture.