Comment on SEC says it will deregulate cryptocurrencies with 'Project Crypto'
muusemuuse@sh.itjust.works 3 weeks agoMaybe if you want to buy something visa, Mastercard, and Christian nut jobs don’t want you to have. Otherwise it’s a total scam.
Comment on SEC says it will deregulate cryptocurrencies with 'Project Crypto'
muusemuuse@sh.itjust.works 3 weeks agoMaybe if you want to buy something visa, Mastercard, and Christian nut jobs don’t want you to have. Otherwise it’s a total scam.
Mirshe@lemmy.world 3 weeks ago
Assuming you can find a buyer who will process that crypto, without touching either of those payment processors. All the crypto evangelists seem to forget the major crypto payment platforms are in use because you can actually rapidly exchange your crypto for that thing you can actually pay your rent with - but those function largely on the backbone of big payment platforms to trade that crypto into cash for the merchant.
prole@lemmy.blahaj.zone 3 weeks ago
I could be wrong, but I believe most exchanges use ACH to directly deposit a person’s profits into their bank account.
I’m no expert, but I believe ACH is separate from your Visas and MasterCards