Quote from: pat4cryptoreal on March 20, 2019, 07:29:48 PM

The management of Visa knows that they will soon become obsolete if blockchain technology is not integrated into their system. This is just an eye opener to other Fintech bodies.

I'm not so sure of that actually. All Visa needs to do is to have their entire ecosystem become a smarter and easier to scale database. They don't need a blockchain for that, nor do they feel threatened by crypto. People here want to believe they feel like that, but they don't. All Visa is doing is exploring a new market that might help them grow beyond their current range.

Another powerful anti crypto weapon Visa has available are lower fees and better service. Right now they don't need to go that far due to their dominance as financial institution, but when you force them to go that far, they will. What has crypto to offer when Visa offers instant settlements and very low fees? Crypto is an answer to how shitty financial institutions are, what answer is crypto when they do exactly what you want?