camosoul
Well-known member
Toljaso.
https://www.coinstaker.com/visa-ends-partnership-with-debit-card-issuer-wavecrest
This is why it's dangerous to get in bed with the legacy monetary system.
This is why crypto debit cards are a bad idea.
The legacy system will see it as a threat. They kill it on a whim using slanderous implications of "money laundering" etc.
If you stand able to make X obsolete, do you really expect X to be your pal?
While the law is also a threat, the whim of a dinosaur that sees the writing on the wall of it's own extinction, will become protectionist. They will hide behind and encourage "compliance" to paint themselves as white knights.
DASH needs to leverage it's instant transaction security to encourage exchanges to become retail-supporting crypto processors, not ATMs, Cards, etc... It's a waste of time and effort because it'll just get shut down.
Exchanges have a large incentive, not dis-incentive as has VISA, to pursue compliance and keep the ball rolling.
They are the only ones for whom corrupt, bloviating protectionism isn't the best move.
And, they can be given an even larger incentive to grow their business model into payment processing with IX.
The last several months have added a lot of fuel to the fire of altcoins. So many failures in the mainstream of crypto, if it could be called such... This will be ocean upon ocean of missed opportunities if DASH doesn't step up to capitalize NOW.
I don't see any other coin with an answer to all of the simultaneously occurring problems, yet DASH sits at #11...
What say you, new guy from AmEx?
https://www.coinstaker.com/visa-ends-partnership-with-debit-card-issuer-wavecrest
This is why it's dangerous to get in bed with the legacy monetary system.
This is why crypto debit cards are a bad idea.
The legacy system will see it as a threat. They kill it on a whim using slanderous implications of "money laundering" etc.
If you stand able to make X obsolete, do you really expect X to be your pal?
While the law is also a threat, the whim of a dinosaur that sees the writing on the wall of it's own extinction, will become protectionist. They will hide behind and encourage "compliance" to paint themselves as white knights.
DASH needs to leverage it's instant transaction security to encourage exchanges to become retail-supporting crypto processors, not ATMs, Cards, etc... It's a waste of time and effort because it'll just get shut down.
Exchanges have a large incentive, not dis-incentive as has VISA, to pursue compliance and keep the ball rolling.
They are the only ones for whom corrupt, bloviating protectionism isn't the best move.
And, they can be given an even larger incentive to grow their business model into payment processing with IX.
The last several months have added a lot of fuel to the fire of altcoins. So many failures in the mainstream of crypto, if it could be called such... This will be ocean upon ocean of missed opportunities if DASH doesn't step up to capitalize NOW.
I don't see any other coin with an answer to all of the simultaneously occurring problems, yet DASH sits at #11...
What say you, new guy from AmEx?
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