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RE: It's Official. Visa is looking for a blockchain engineer

in #cryptocurrency7 years ago

This does not surprise me. The credit card companies have to be concerned when you have companies like Coinbase coming out their credit cards. Crypto's is more a prepaid type credit card where people add funds and then spend the profits, credit card companies are based making money off the debt. It's a direct threat to their entire business model. It would not surprise me to see Visa and MasterCard come out with a solution that allows you to go in debt on crypto's. haha

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You are 100% spot on. They're going to look for every way to get you into debt. Shameless and brilliant at the same time.