It’s been just revealed that Visa and Mastercard are preparing to raise the credit card fees for large merchants. Check out the latest reports below.
The thing is that Bitcoin’s Lightning Network gets ready to lower fees for everybody.
💥BREAKING: Visa and Mastercard prepare to raise credit card fees for large merchants – Wall Street Journal#Bitcoin Lightning Network is preparing to lower fees for everybody! 🙌😉
— Bitcoin Archive 🗄🚀🌔 (@BTC_Archive) March 8, 2022
Someone said: “Say you don’t understand economics without saying you don’t understand economics…Credit-based payment systems allow users to make money off of the things they buy before having to make minimum payments towards the purchase. This effectively turns money into more money.”
One other follower posted this: “How can they do this with bitcoin becoming more widely used? Either they do not think bitcoin is much of a threat, they know something we don’t, or they see the writing on the wall and want to rake in as much as possible right now.”
A follower said: “Personally I feel as though they are trying to push us to use bitcoin, it’s seamless and easy to use, it’s insanely traceable and requires little to no infrastructure compared to other systems in place.”
Regarding the price of Bitcoin today, at the moment of writing this article, BTC is trading in the green and the king coin is priced at $41,709.
Crypto market boom
The crypto market looks healthy today and the prices have exploded. The most important coins are trading in the green. You may wonder how this is possible following so many corrections and increased volatility.
Well, there are two important factors that triggered the price rise.
It’s been just revealed that Russia suspends the sale of foreign currency. It’s been also revealed that Treasury leaks Sec. Yellen’s press release on Biden’s Bitcoin Executive Order.
