[BitwiseFool]

>"But now we increasingly have cheaper alternatives that are also censorship resistant."

I eagerly await them. However, I strongly suspect there is a massive network effect in-place that keeps Visa and Mastercard dominant. So many businesses want to stop taking credit card payments but the loss of business is often way too much. Anecdotally, getting my paycheck through direct-deposit means I almost never carry cash on me anymore. I would hope that business can find a new payment processor but I am still skeptical, as those companies also want a percentage of the transaction through fees.