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#25 - Challenger Approaching, A New Payment Network Has Appeared
Manage episode 326172199 series 3286751
Sisällön tarjoaa Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens. Jared Klee & Steven Dickens, Jared Klee, and Steven Dickens tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
Today's discussion is on a revolution in payments. Visa has dominated card payments for 50 years, but cryptocurrency networks pose a real challenge. Services like Strike help businesses transact over the Bitcoin Lightning Network practically for free. We discuss why Visa has been so successful, how crypto can win the coming payments war, and what this means for processors and other payments companies. Please enjoy this breakdown of the payments revolution.
Shoutout to Strike for what the payments solution they've built on the Bitcoin Lightning Networks.
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Check out this week's letter for the full story. Join the Fat Tailed Thoughts discussion on LinkedIn and the @FatTailThoughts discussion on Twitter with your co-hosts @KleeBeard and @StevenDickens3.
For more episodes of Fat Tailed Thoughts, visit fattailedthoughts.com. Past topics include WTF is CPI, Debt Collectors Who Help Rather Than Abuse, Slow Revolutions in Financial Services, and more.
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