Visa is looking at ways it can help the Ethereum ecosystem develop

Visa is looking at ways it can help the Ethereum ecosystem develop(twitter.com)

17 points by avadhoot 3 years ago | 7 comments

Saw this the other day, makes sense to me. If I ran Visa, I would hire a team of engineers to come up with ways we could be making money off of future cryptocurrency transactions, if only as a hedge against people using Visa less and to quiet down my noisy shareholders. I would call it something like "VISA CRYPTO THOUGHT LEADERSHIP" as well, that is a perfect name.

richbell 3 years ago | |

Absolutely; though a slightly more cynical take is "company that currently gatekeeps payments wants to 'help' system developed to escape their influence".

greatgib 3 years ago |

Fun to see the corporate speak compared to reality.

If we translate them:

Visa wants to find a way to take a piece of the crypto/Ethereum cake to make more money.

mhoad 3 years ago | |

Lot of ways you could cut it…

Company that has decades of experience running multi billion dollar global payments system has some ideas about what is important in running a global payments system.

greatgib 3 years ago | | |

Just to remember that a company is not a NGO, and that a company only purpose is to make money. So a company does not decide to improve the state of art, or help, provide free ideas of the target goal is not to get his share of the incomes.