Europe's $24 Trillion Breakup With Visa and Mastercard
europeanbusinessmagazine.com
A 130-million-user payment system backed by 16 major banks just launched to challenge Visa/mastercard
    • Vitaly@feddit.ukEnglish
      0·
      22 days ago

      You don’t need to trust bitcoin because one of the fundamental principles of it is trustlessnes. the only problem I see is constantly changing price of bitcoin

      • dependencyinjection@discuss.tchncs.deEnglish
        0·
        21 days ago

        And the immense resources required as well as the processing time for a transaction.

        Now I’m not saying someday a digital currency won’t work. Just it isn’t Bitcoin, plenty of other more viable coins but most people just gamble now.

        • E_coli42@lemmy.worldEnglish
          1·
          22 days ago

          I think Bitcoin was a good proof of concept that this system can work and scale. Ethereum is trying to be the viable option. I personally like Monero. I am sure in a hundred years or so if crypto is still here, it will be more viable and stable.