‘Facebook Coin’ Will Be More Like Bitcoin Than Starbucks Rewards, Says Analyst

Speculations about the purpose of Facebook’s planned digital coin are getting wilder. Ignoring key features like independence and decentralization, one analyst predicts that ‘Facebook Coin’ would look more like Bitcoin or Ethereum than your Starbucks reward points. Facebook Coin Might Encourage Viewing Ads With growing interest, many are trying to envision Facebook’s planned ‘FaceCoin.’ Lacking […]

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Visa, Mastercard Plan To Increase Transaction Fees; Cryptocurrencies Don’t

Visa and Mastercard are planning to increase transaction fees for US merchants who accept card payments, Reuters reports. The hikes, which come into effect in April 2019, are likely to further damage already the fragile relationship between payment providers and merchants. Fees-Us Christ According to sources, the increases will firstly affect interchange fees, which merchants pay their banks when accepting a […]

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My Bank App is Better Than Bitcoin for Payments (And That’s Fine)

The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with a QR-code may give you a warm and fuzzy feeling, but it isn’t the problem Bitcoin solves. It is much more than that. Banks Go Digital […]

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