Post
Topic
Board Bitcoin Discussion
Re: Visa CEO: We won't process transactions in bitcoin, it's not a payment system
by
tuskacz
on 17/01/2018, 22:41:57 UTC
Yes they are doing this because they are losing money, which instead of sitting on people's accounts and make huge profits to banksters, are being transferred to buy cryptos.
What we should do is to workaround by withdrawing salaries to cash immediately after we receive it. Then make wire transfers to exchanges instead using cards.
Once they face big losses they will have to accept bitcoin again.

I don't understand what did people expect  Roll Eyes?
Affcourse they will say these things, It's their livelihood people cmon.
I'm still amazed that my bank allows me to send money to bitstamp. I really am. (I'm in EU)

Amazed? Except credits and mortgages, its our money that sits on bank account, not theirs. You pay fees to get your card and bank account running.
So I can do with them whatever I want to do if that does not violate law. Bitcoin is within the law, it does not harm people. My money, my business.