Post
Topic
Board Bitcoin Discussion
Re: Walmart Plans Instant Bank Payments, Cutting Out Card Networks
by
Synchronice
on 25/09/2024, 11:06:49 UTC
Walmart Inc. customers will soon have the option to pay directly from their bank accounts with instant transfers for online purchases. The enhanced feature is a flash point in the escalating tensions between merchants and the card networks setting the fees for payment processing.


https://www.bloomberg.com/news/articles/2024-09-19/walmart-plans-instant-bank-payments-cutting-out-card-networks/

The death of bitcoin. No real world use case to buy things from a major retailer. Walmart knows that taking payments in BTC would be even WORSE than paying merchant processing fees...
Why do you think that it's the death of Bitcoin? Have you seen how really possibly it is to have a Bitcoin card and pay with it on POS terminal? With Bitcoin lighting, that's very much possible and I think that will be the future of Bitcoin.
Have you seen this video before? Look at this: https://www.youtube.com/shorts/d3wMjJogJFU

By the way, Bitcoin is not an alternative of such payment methods and was never created with that purpose. It's purpose is clearly written in it's whitepaper and Bitcoin does job very well. You can make a transaction without the help of 3rd party, it's p2p.
Yes, time has passed and modern problems need modern solutions but Bitcoin sticks with its original plan and purpose, that's all but it doesn't mean that this coin is about to die. If you see, it recently got ETF approval and it's market cap is 1.26 Trillion American dollar.