Comment on SEC says it will deregulate cryptocurrencies with 'Project Crypto'
Mirshe@lemmy.world 3 days agoAssuming 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 days 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