Visa Locks Down Prepaid Cryptocurrency Debit Cards!steemCreated with Sketch.

in #cryptocurrency • 7 years ago (edited)

Visa Locks Down Prepaid Cryptocurrency Debit Cards!

The VISA payment system quite suddenly put an end to the existence of crypto-currency cards. But what are they? This tool is very common among users of crypto currency.

VISA cards provided indirect payment for purchased goods or services, automatically converting the crypto currency to the national currency. A card is a tool for bridging the gap between a real money system and a digital one.

As a result of a sudden refusal, VISA ceased to serve customers of digital currencies, processing companies had to suspend their services in Europe and return customers their funds.

Despite the fact VISA appears to be against cryptocurrency, Ethereum has reached all time highs. This move from VISA does not signify the beginning of the end of cryptocurrency, but will incentivize a push for creativity from crypto-enthusiasts until an alternative solution is found.

Disclaimer: This is my personal opinion and not investment advice.

Source: https://voiceofpeopletoday.com/crypto-currency-attack-visa-blocks-bitcoin-cards/
#ethereum #bitpay #visa #innovation
7 years ago in #cryptocurrency by
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     7 years ago 

    Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
    https://voiceofpeopletoday.com/crypto-currency-attack-visa-blocks-bitcoin-cards/

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       7 years ago 

      Wirex are confident that they will be the first to offer a solution to this problem. Being the first mobile Bitcoin Wallet paired with a Debit Card; our solution is almost finished; and we hope to supply at the very least virtual cards very soon!

      On a first come first served basis, virtual and plastic cards will become available in the coming weeks.

      To ensure you’re on the waiting list, enter your email and update to the latest version of the Wirex app.

      Click on the link below to get on the waiting list:

      http://bit.ly/GetWirexVisaCard

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