Quote:
Originally Posted by BananaPancakes
While bitcoin may not be scalable to replace Visa/Mastercard, Ethereum is looking at promising ways to scale and may replace credit card usage in the future.
The benefit of using a crypto instead of Visa/Mastercard is you will no longer have a bank taking 1.5-3% of every transaction from businesses. Not only does this save a significant amount of money for business owners, but in countries where they don't have an established banking system, they will finally have a way to accept payment other than cash.
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What countries don’t have established banking systems, but have the technology to use crypto? I think you’re reaching a bit.