I cant wait for someone to actually get a banking licence and have its own bank. Issue its own cards and avoid visa and mastercard at all.
There is enough money in crypto to be able to do that, and be independable
So, we need a company to create a bank, issue debit cards in
BTC , because that would help..or not!
You have your own bank, your wallet, you don't need cards because you can pay with
BTC directly from your wallet.
Why, just why do we need a third party other than to ruin everything? To have your funds at the mercy of a company that could erase your account overnight? To pay fees to a company the same way you do now with your bank?
Really, what's the point having such bank and payment processor?
Financial companies such as them are only afraid that cryptocurrencies will take a market share in their lone of business which is being a payment option. And as you say they can only run away too far from it as more people and establishments will come to accept cryptocurrencies as payments and soon enough they will make and easier method to issue such cards.
To whom are they losing market share?
To me it actually seems they don't give a damn about the market share that is represented by bitcoin users, if they would care so much about it they would probably have not ended all the contracts with companies like Wavecrest.