But this would then also make me wonder about VISA. Wouldn't they do their due diligence and try everything they can to not partner with a company that might get sued for shady operations?
Visa is not legally liable if MonaCo ends up deliberately manipulating the token price (which I am not saying they will, but they definitely can with the current model).
Despite my responses, I actually like the idea of the card. I'm just not going to let shills post bullshit and make it appear as if everything is rainbows and unicorns in here when it clearly isn't. And right now there's a massive problem with the removal of the asset contract, which so far still doesn't have any replacement solution, as well as the issue with the card reservation once the token price gets too high for normal people to care.
I agree with you but still it is a bit weird how the whole process is going. You would expect VISA to be very careful before engaging in contracts with a crypto startup like this one. But who knows maybe they don't even care as much as we would think.