This sounds right, eh? Like seriously, crypto to mainstream/mass adoption/and all that shit. But if you’re able to use your brains, you’ll see that this news is rather dark. It kinda kills the whole idea of crypto, which is independence and transparency.
That’s what Satoshi meant by it, correct? Ok, fine. One has to be a total idiot to think that whenever banks and big guys like Visa/Mastercard are involved, there are independence and transparency. HA HA HA, that’s a good one. Plus, you do know that governments can (and they DO it) follow your credit cards transactions, right? So, what’s the point in adding Visa and Mastercard to the crypto mix?
Moreover, there are numerous limitations related to credit card usage at Binance. For example, only Bitcoin, Ethereum, Litecoin and XRP could be purchased with credit cards. There is a fee – 3.5% – and a buyer must wait up to 30 minutes for his/her tokens. Oh, and my favorite one: the service won’t be available in New York, Washington, Georgia, Connecticut, New Mexico and Hawaii. I just love the precision!