Bitcoin Will DESTROY Visa + Mastercard -- Here's How
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1 year ago
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stocks
investing
richmakesyourirch
rich birecki
richard birecki
Bitcoin
Bill asset
credit card companies
MasterCard
Vista
credit card fees
MasterCard and visa have played the middleman for decades, garnering a 3 to 7% fee for making many transactions possible. Today, bitcoin, using the layer two lightning network, has the possibility of nearly completely displacing credit card companies, and sending their profits back to the consumer and businesses that once used them.
Here's how the bearer asset will do it.
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