Bitcoin circumvented VISA capitalization

Even at the beginning of the epic with cryptocurrency, experts opposed Bitcoin to the VISA payment system. There were restrictions on throughput and speed, because the world's largest platform was built for decades. However, Bitcoin managed to surpass a financial competitor in another parameter.

Bitcoin circumvented VISA capitalization

In early December, the cryptocurrency showed unprecedented growth, reaching a psychological barrier of $ 20 on Asian exchanges. The desire to own bitcoin made people buy up currency by making an investment. Thus, in terms of capital worth $ 000 billion, bitcoin bypassed VISA, with an accumulation of $ 275 billion.

Bitcoin-in-trash

Also, cryptocurrency demonstrates half a billion transactions daily, while VISA transactions do not go beyond 150 million dollars. However, experts claim that Bitcoins are unreliable in capitalization, because there is a risk of loss. The exchange rate of the new world currency spontaneously changes and not a single financier will take on the forecast for the growth or fall of the cryptocurrency. In addition, since mid-December of 2017, the United States has launched bitcoin futures that can shake virtual currency not backed by gold.

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