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RE: VISA Cancels ALL Bitcoin Debit/Prepaid Cards (Bitwala, Tenx, Wirex...)
This wont last too long. I listened to TenX cofounder Julian Hosp this morning and he said, and I trust him, that they will have their cards all replaced very soon, by end of first quarter he said they will have all their international cards released as well, all on the new providers platform.
Also he added that TenX had already been working on replacing the provider they were using so they unlike others are further along in the replacement phase.
He expects this inconvenience to improve TenX market share as they will be back up and running before the competition. Listen to his video here:
Thank you for the video!
I have no doubt that this is temporary, but it is a real pain in the ass, especially if this is your only way of actually using your crypto in the real world.
But, a big part of me is glad I don't have to walk around with a VISA card in my pocket, supporting the status quo:)
This is like a purging of the big status quo whales from the financial system. They're dying off.
cocaine is a hell of a drug