Why Comparing Bitcoin to Visa Doesn’t Make Any Sense
A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions.
A reading of Nic Carter’s latest essay for CoinDesk on the inappropriateness of comparing the energy consumption of bitcoin and Visa transactions.
The crypto APIs will help “provide another channel for the Black community to access crypto as a new asset class.” 4472 Total views 42 Total shares Visa has teamed up with a neobank to pilot a crypto program that will allow underbanked individuals to purchase, custody, and trade digital assets. In an announcement today, customers […]
The payments company works with wallets and exchanges to enable crypto purchases, and could eventually use digital currencies over blockchain in the same way it processes traditional money. Visa HQ(Shutterstock) Jan 30, 2021 at 3:43 p.m. UTC Visa May Add Cryptocurrencies to Its Payments Network, Says CEO Visa CEO Al Kelly said the payments giant […]
Users can select any investment in their Bitpanda account to fund payments with the physical Visa card. Jan 20, 2021 at 2:43 p.m. UTCUpdated Jan 20, 2021 at 2:52 p.m. UTC Bitpanda Launches Debit Card That Lets Users Spend Fiat, Crypto and Precious Metals Bitpanda, a digital investment platform, has launched a Visa debit card […]
Dec 29, 2020 at 2:00 p.m. UTC Payments Firm Simplex Becomes Visa Principal Member Israel-based payments processor Simplex, announced Tuesday it has become a principal member of the Visa network. Through the membership, Simplex now has permission to issue Visa cards, giving its consumers access to digital currencies daily. “We’re excited to work with leading […]
Fiat-to-crypto on-ramp service provider Simplex has partnered with Visa to allow its client firms to issue crypto debit cards. 5144 Total views 27 Total shares Over 200 Simplex partner companies can now offer crypto debit cards to their customers, potentially enabling greater adoption of cryptocurrencies for retail transactions. The development is the result of a […]
Bitcoin exceeds the market cap of Visa at $460 billion as the price reaches a new all-time high of $25,000. 22084 Total views 346 Total shares The price of Bitcoin (BTC) surpassed $25,000 on Dec. 25, reaching a new all-time high of $25,020 on Bitstamp and surpassing the market cap of Visa in a historic milestone. Visa, […]
Verge (XVG), the cryptocurrency now infamous for its links to the porn industry, is on the up again — thanks to a classic fiat money scandal. As adult entertainment giant Pornhub confirmed this week, payment providers Visa and MasterCard are no longer servicing its payments, leaving only cryptocurrency for its roughly 120 million daily visitors. […]
Dec 2, 2020 at 2:16 p.m. UTCUpdated Dec 2, 2020 at 4:15 p.m. UTC Visa May Support USDC Credit Card After Adding Circle to ‘Fast Track’ Program Visa on Wednesday said it is linking its payments network of 60 million merchants to the USDC stablecoin developed by Centre, the consortium founded by Circle and Coinbase. […]
The paper also put forward CBDCs as solutions to high transaction fees and the energy use of mining cryptocurrencies like Bitcoin. Cash usage has lost a ton of ground to digital payments as the pandemic has changed the way people transact worldwide. Some experts have recently argued that central bank digital currencies could solve the […]